The global construction industry plays a key role in both developed and developing economies. The construction sector creates new jobs, drives economic growth, and provides solutions to address social, climate and energy challenges. It has important linkages with other sectors, so that its impact on GDP and economic growth goes far beyond the direct contribution of construction activities. Having endured a prolonged period of fatigue in the wake of the global financial crisis, the global construction sector is gradually regaining strength and is expected to reach a value of US$ 10 trillion by 2020.
Industry
