Economic development of the construction industry as a basis for sustainable development of the country

Abstract

This article examines the main trends in the construction industry as one of the most important economic sectors. Construction makes a significant contribution to the economic potential of the country it forms tangible assets and is an integral part of the wealth of the nation. We examined the resulting indicators of the industry in conjunction with macroeconomic indicators. The studies were carried out using statistics from the World Bank, the countries of the European Union and the Russian Federation in the period from 2000 to 2020. The study set out to compare the indicators affecting construction activities, investment, incomes and other sectors. In parallel we looked at the factors affecting the volume of completed construction works by means of correlation analysis to identify symbiotic relationships between the selected data. The main goal of the study is to identify the factors affecting the performance of the industry and confirm by use of quantitative analysis.

Государственная Стратегия И Опыт Управления Жилищно-Коммунальным Хозяйством

“…Строительство вносит значительный вклад в экономический потенциал страны оно формирует материальные активы и является неотъемлемой частью богатства нации (Khaertdinova et al, 2021).…”

“…Основные фонды в структуре нефинансовых производственных активов составляют значительную долю. Поэтому тот факт, что недвижимость создала строительную отрасль в виде основных фондов, является залогом успешного развития отраслей, производящих товары и услуги (Khaertdinova et al, 2021).…”

The influence of seasonality on the technological parameters of biological wastewater treatment at existing wastewater treatment plants

“…The creation of new highly efficient waste treatment technologies and the improvement of traditional water treatment systems is becoming the basis for rational environmental management and environmental protection. Intensive management of industrial and municipal emissions is becoming an important area of scientific and technical development in the Russian Federation and the European Union [1][2][3][4].…”

Research trends in industry 5.0 and its application in the construction industry

“…The Construction industry is a very vital sector in any country. It contributes about 5–6 percent to the global gross domestic product (Khaertdinova et al ., 2021) which has been predicted to increase to about 14.7% by 2030 (Iqbal et al ., 2022). The construction industry also provides infrastructure for society (Tunji-Olayeni et al ., 2023) and creates job opportunities for both skilled and unskilled workers.…”