Verkko Global

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Mining and Construction

Due to government spending, focus on renewables and technological advancements this industry promises a bright future ahead.

The future of mining is predicted to soften much due to the reason of advent of renewables in the sector while the construction industry has got a bright future.

mining and constrution

Overview

costruction
  • Market size:
    • The global construction industry is a heavyweight, reaching a value of approximately USD 13.57 trillion in 2023.
    • Predicted CAGR is 7.3% for construction for period of 2023-2030.
    • The mining industry is expected to grow at a CAGR of 3.8% from 2023-2030 and is valued at USD 551.03bn.
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  • Challenges;
    • Increased cost and inflation.
    • Financing challenges
    • Geopolitical uncertainty
    • Environmental challenges
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