Japan Construction Market: Olympic Games to Be Hosted by Japan in 2020 to Fuel Growth
The Olympic Games, to be hosted by Japan in 2020, are expected to be a key driver of the industry's expansion over the forecast period. The government estimates that US$8.4 billion is required to develop games-related infrastructure by 2020. Over the forecast period (2017–2021), the industry is expected to expand slowly due to factors such as high public debt and deflation. However, government efforts to revitalize the economy by focusing on infrastructure development are expected to provide momentum to the...
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