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EUROPE'S LEADING CONSTRUCTION MARKET FORECASTING NETWORK

84th EUROCONSTRUCT Conference

European Construction Market Forecasts through 2020
 

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84th EC CONFERENCE – SPECIAL TOPICS 

Iran, a country with more than 80 million inhabitants, aims to modernise its economy in the coming year. This opens huge investment opportunities especially in the areas of manufacturing, healthcare, transport infrastructure, energy efficiency and renewables.  In recent comments on the new 5-year plan the Iranian government speaks about 250 billion USD to be invested until 2022. According to official estimations, investment need for power plants and grid alone ranges between 7 and 8 billion USD per year. Indeed, the easing of the economic sanctions offers favourable conditions to start from. But funding short falls and import restrictions are still burdening the economic and trade relations with Western countries so far. And, there is still uncertainty about the future US policy, as well. Nonetheless, Iran definitely remains a highly interesting market also because of its strongly diversified economy and well-developed educational system.

Mexico, a country with more than 120 million inhabitants, has been a booming investment location in recent years. In 2016, it became the second most important export market of the European Union on the American continent. Mexico’s own exports, on the other hand, go predominantly to the United States. After the election of Donald Trump for US President the waves have calmed, in the meantime, and the NAFTA negotiations with Canada and the US might even result in an advanced trade agreement. Also because of this, it is expected that investment rates in Mexico will continue to stay high in the years ahead. The envisaged expansion of transport infrastructure and the establishment of special economic zones, primarily in the south, should, among others, provide additional momentum.
 

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