Analyst Pin-board Construction and Materials: Market consolidation is changing the industry
The construction industry growth has been on the decline and under the influence of COVID-19, it is even more difficult to find growth drivers. Civil construction is no longer moving at a pace as high as during 2013-2018, while disbursement of public investment and FDI still has yet not been sufficient to stimulate the industry’s growth. We note that most civil construction contractors are struggling to maintain revenue and that it is increasingly difficult to find new turnover for the longer term. The highlight for the construction industry belongs to the electricity construction segment because of a series of power source and power transmission projects under construction in order to solve the electricity shortage problem in the country.
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