Building And Construction In Asia Pacific > Taiwan > Taiwan
Total construction work done growth (in real terms) in 2019 is estimated to grow 4%, while 2020 growth is revised to 2% (from -0.3%). Positive outturn forecasts for the residential and civil engineering sectors are behind this growth. Recent rebound in residential building activity was underpinned by a pick-up in housing demand amid historical low interest rates and returns of Taiwan expatriates from mainland China together with offshoring of Taiwanese companies.
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