Russian Construction Industry is Set to Record a Cagr of Over 117% by 2017, According to a New Study on ASDReports

Thursday 31 July 2014, Amsterdam

Report description overview:

The new report: market analysis, information and insights into the Russian construction market. This report includes the Russian construction market’s growth prospects by sector, project type and type of construction activity. You will also find an assessment of the competitive forces facing the construction industry in Russia and profiles of the leading players.

The difference:

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies, enabling you to vary your business offerings.
• Gain an understanding of the latest industry and market trends allowing you to evaluate competitive risks and success factors.
• Formulate and validate business strategies using  critical and actionable insight.

Report highlights:
Russia’s economy has been supported by large-scale investment in the infrastructure construction market due to the nation’s hosting of the 2014 Winter Olympics and will have continued maintenance due to the 2018 FIFA World Cup, which will require stadiums, transport infrastructure and accommodation. Timetric anticipates greater levels of private investment due to the now relative ease with which construction permits can be obtained and the nation’s accession to the World Trade Organization (WTO) – which will initiate foreign investment and participation.

Russia’s housing stock remains severely depleted in some areas. Regional development may lead to increased investment in the housing stock of the Eastern District and Siberia and developing tourism in the violence-troubled North Caucasian Federal District is part of the government’s strategy to stabilize the region. Although there is a great deal of uncertainty attached, the need for tourist facilities, new homes and basic infrastructure should support the construction markets.