Global construction activity is forecast to rise more than 70% by 2050, reaching US$16.6 trillion, driven by five megatrends: population growth and urbanization; infrastructure and housing deficits; climate adaptation; sovereignty and strategic resilience; and high-tech infrastructure, according to a new report by Oxford Economics for the Global Cement and Concrete Association (GCCA). The report, titled “Concrete’s Enabling Role in Building…
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