Sydney’s George Street Entertainment Strip to Feature $225 Million Tower
The home to renowned theatres and cinemas in Sydney, New South Wales…
2 August 2019
Australiaâ€™s construction industry is expected to regain growth momentum from 2020, thanks to the governments focus on a range of major infrastructure development programs and projects.Â
According toÂ GlobalDataâ€™s recent report,Â Construction in Australia â€“ Key trends and opportunities by state and territory to 2023, the improvement will be driven by investments in transport infrastructure, with the government planning to invest US$58.9 billion to develop the countryâ€™s transport infrastructure by 2027â€“2028.
â€œCommercial and industrial projects and an improvement in consumer and investor confidence will also provide support, offsetting the downturn in residential constructionâ€ says Danny Richards, Construction Analyst at GlobalData.