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Date PostedDecember 8, 2015

Construction to Upstage Global GDP Growth For Next 15 Years

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Source: www.constructionweekonline.com

A new report entitled Global Construction 2030 predicts international construction will significantly outpace global GDP in growth terms over the next decade and a half. The increase in construction activity is attributed mostly to India, China and the United States.

The report released by Global Construction Perspective and Oxford Economics says the average annual growth of construction activity globally will be 3.9 per cent over the next 15 years. This is one percentage point higher than forecasts predict global GDP expansion during the same period.

India’s construction rate will expand at twice the rate of China’s and will become the third biggest building sector in the world by 2021.
Source: https://sourceable.net/construction-to-trump-global-gdp-growth-until-2030/

Steven Asnicar is regarded as a leader across many fields of industry. In particular, his specialisation across the health, infrastructure, construction, resource and utility sectors has seen him successfully change the dynamics of these industries through the introduction of new strategic, marketing, training and technical frameworks. Steven works closely with industry peak bodies such as Safework Australia, Australian Logistics Council, National Advisory for Tertiary Education, Skills and Employment (NATESE) and the Council of Australian Governments in the development of new delivery standards and industry specific programs.

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