Trends and Opportunities on Construction in Russia - [2020]

Feb 12th 2016 Mumbai, India: Bharatbook.com announces a report on “ Trends and Opportunities on Construction in Russia – [2020] ”. The government is investing in the expansion of the country’s high-speed railways in order to improve the coverage, quality and competitiveness of infrastructure in the country.

Synopsis

Construction activity in Russia was weak in 2015, due to the deteriorating business environment, currency depreciation, Western sanctions, a lack of foreign capital investment and a decline in oil prices.

The industry is expected to contract further in 2016 in real terms, by close to 1%, before steadily regaining some growth momentum. Growth will also be supported by the Socio-Economic Development 2020 program, under which the government aims to develop the country’s road, housing, rail, airport and other related infrastructure.

The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 2.52% over the forecast period (2016–2020); up from -2.19% during the review period (2011–2015).

However, there are major downside risks associated with the outlook for the construction industry in Russia over the forecast period. Notably, a continuation of Western sanctions and low oil prices will greatly undermine growth prospects during the early part of the forecast period.

Summary

The report on Construction in Russia – Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Russian construction industry including:

- Russian construction industry's growth prospects by market, project type and construction activity

- Analysis of equipment, material and service costs for each project type in Russia

- Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Russian construction industry

- Profiles of the leading operators in the Russian construction industry

- Data highlights of...