Global construction industry set to grow by 5.2% this year

The construction industry is set to grow by 5.2% this year, following the collapse in construction activity in 2020 amid the severe disruption caused by restrictions to contain the spread of Covid-19, data and analytics company GlobalData said on April 9. The recovery in many markets in late 2020 surprised on the upside. This means the full-year outturn in 2020 was not as bad as previously expected, it states.

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