Recently Released Market Study: Japan Infrastructure Report Q1 2013
BMI View: Although reconstruction efforts following the March 2011 earthquake and tsunami have started, we believe that significant progress has yet to be made on a large portion of the project pipeline. As such, we believe that the reconstruction efforts could take place over a longer timeframe and have revised our real growth construction estimate for 2012 (from 3.9% to 3.8%) and 2013 (from 2.1% to 2.4%) accordingly. Over the long term, we believe there are still growth opportunities in...
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