Within the construction sector, Price Waterhouse Cooper have released their latest figures on capital project and infrastructure spending, as reported by Glenigan.
Outlook to 2025 has forecast annual growth of 3.8% in capital project and infrastructure spending in the UK between 2013 and 2025, including spending on energy, industrial, transport and social infrastructure.
However the majority of global growth is expected in emerging markets, particularly China, with Western Europe expected to account for less than 10% of global spending by 2025, down from 12% now and 20% in 2006.
Source: Glenigan