Russian Construction Market Data & Forecast to 2013 report is the essential source for Construction industry data and analysis covering Russia, both at the top level and providing in-depth category and channel insight. The report provides historical data and forecasts for the Russian Construction industry in the period 2004-2013, detailed profiles and financial metrics covering the major market players, a breakdown of key recent M&A and partnership activity, and comprehensive analysis of the key factors driving the industry at consumer, market and company level. The Russian construction industry grew at a CAGR of 12.31% for the period 2003-2008. Residential sector’s market share was 53.0% in 2008, while non-residential sector accounted for the balance 47.0%. The Russian economy has grown at an average GDP growth rate of 7.0% per annum over the past few years. The construction sector has also seen a revival since that of the 1990s. Since 2003, the value of construction projects has increased significantly with an average annual growth of 12.3%. However, in 2008, the growth in the Russian economy has slowed down due to the global financial crisis. On residential construction front, most of the activities in Russia are concentrated across major cities. Russia’s ten best performing regions contribute over half of the total construction output. The city of Moscow, the Moscow Province and the city of St. Petersburg account for nearly 30% of the country’s total construction output. Moscow and the Moscow region have a population of 17 million people as well as the highest concentration of economic activity in Russia. Twelve other cities with over 1 million residents also form important centers of the construction industry. The residential construction boom has been aided by the national housing initiative being implemented on a nationwide scale since the beginning of 2006. It has helped stimulate the residential housing starts across the Russian Federation. Besides residential segment, the non-residential segment also has witnessed intense activity. Investments have come in primarily into commercial real estate, especially retail. Russia is among the top ten European countries that has received investments in the retail sector. This market is especially attractive to commercial real estate investors who expect annual returns in double digits as compared to 4% to 5% in Western Europe and the U.S. Another reason for the increase in non-residential activity is Russia’s successful bid for the 2014 Winter Olympic Games. It has resulted in increased investments from both Russian and foreign investors. Also, economic development in Ukraine has had a positive impact on the construction industry throughout the Russia. The largest projects in the non-residential segment are development/modernization of new and existing harbors, airports, and railway stations. The government has initiated most of these projects under the public–private partnerships. It has focused on the development of transport infrastructure in the areas of Siberia and the Far East as these regions are rich in natural resources. In addition, the government also plans to implement numerous large-scale projects for extracting and processing various types of raw materials in these regions leading to the construction of power, mining, oil and gas plants.