25 Cities with Tallest Buildings in the World [Yahoo! Finance]
VINCI SA UNSP/ADR (VCISY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
An Overview of the Global Construction Industry The construction industry is critical in determining a country's economic outlook as it moves various related industries, including the construction materials, commercial, and residential sectors. According to a report by Next Move Strategy Consulting, the global construction market was valued at $2.32 trillion in 2023. The market is expected to grow at a compound annual growth rate of 5.9% during the forecasted period to reach $3.58 trillion by 2030. Economic expansion is one of the leading factors driving growth in the industry. The Asia-Pacific region is growing strongly due to heavy infrastructural investment from emerging economies, including India and China. On February 29, Reuters reported India, the 2nd fastest-growing economy in Asia , grew 8.4% from October 2023 to December 2023, beating the estimated growth of 6.6% for the quarter. The growth was mainly attributed to the country's strong manufacturing and construction act
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