The construction industry involves the planning, designing, building, renovation, and maintenance of physical structures like homes, commercial buildings, and infrastructure such as roads and bridges. It is a vital economic sector, generating jobs and boosting other industries like manufacturing, while also playing a role in technological advancement and societal development. The industry is diverse, encompassing residential, commercial, industrial, and infrastructure sectors, and is increasingly focused on innovation, sustainability, and safety due to evolving technologies and growing global demand.
Why It Matters
The construction industry is fundamental to modern societies. It creates the essential physical environments for living, working, and recreation while promoting economic development and societal progress by improving critical infrastructure and fostering sustainable urban and rural development.