Russia Construction Market 2024: Sanctions, Substitution and Strategic Priorities
Snapshot Russia’s construction sector entered the mid-2020s shaped by the shockwaves of the 2022 sanctions, accelerated state-driven infrastructure programs and a pragmatic pivot toward import substitution, domestic supply chains and strategic projects (transport, energy, Arctic). The market is less open to Western capital and technologies than pre-2022, but remains sizeable, active and evolving — with…