Iran Construction Industry Report 2022: Market is Expected to Grow by 2.5% in Real Terms in 2022, Following Annual Growth of 1.8% in 2021 - Forecasts to 2026 - ResearchAndMarkets.com
Iran's construction industry is expected to grow by 2.5% in real terms in 2022, following annual growth of 1.8% in 2021.
- Iran's construction industry is expected to grow by 2.5% in real terms in 2022, following annual growth of 1.8% in 2021.
- It is then expected to register an annual average growth of 3.6% between 2023-26, supported by government investments on the energy, oil and gas, petrochemicals, infrastructure and industrial sectors.
- Over the year, the industry's output will be supported by government expenditure under the 2022 Budget which was announced in December 2021.
- Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Iran, featuring details of key growth drivers.