Top 100 companies worldwide: Building Construction

Building construction refers to the process of adding structures, such as residential, non-residential, and industrial buildings as well as plots of land. Demand for new housing and commercial real estate has grown in recent years; however, there is a struggle to maintain supply. In particular, both consumers and investors are on the hunt for new properties on which to build. The construction industry grew to a spending value of close to US$12 trillion before the COVID-19 pandemic. This includes building projects in real estate – either residential or commercial – but also in infrastructure or industrial structures.The number of large companies in the building construction industry is an indicator of the overall economic performance of that sector. Not only do these companies provide jobs for the local markets, but they are also able to achieve success in global markets, thus generating greater value.