Russia’s Construction Sector: Adapting to Sanctions and Seizing Domestic Opportunities
Overview Since 2022 the Russian construction industry has undergone rapid adaptation to a changed geopolitical and economic environment. International sanctions, disrupted supply chains and tighter foreign financing have accelerated domestic substitution, closer industrial ties with non-Western partners, and a renewed emphasis on state-led infrastructure spending. The result is a construction sector that is reconfiguring procurement,…