Construction industry report
Thứ sáu, 04/11/2016 14:00
Asia has the largest construction spending worldwide – contributing 44% of total value in 2013. In the coming years, economic recovery rate in developed countries is expected to be higher than in developing countries, which indicate cash flows movement to developed countries in short term. In Asia, infrastructure construction sector accounts for the highest spending, 37% of total value. Due to the weak demand in China, price of building materials in the world tends to decrease and stabilize. In long-term, developing economies are projected to account for over 60% of global construction output in 2025.
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