The industry is expected to register an annual average growth of 4.5% from 2023 to 2026, supported by a rise in the total value of contracts awarded for construction, coupled with investments in transport, housing, renewable energy and manufacturing infrastructure projects.
Rest of Southeast Asia
- Growth in the remaining ASEAN-5 markets are also forecast to be healthy with the market value predicted to reach a total of USD 343,905 billion in 2026.