No.69.pdf

The "Construction Economic Report No. 69" published in October 2017 by the Japan Institute of Construction Engineering discusses the current state and future prospects of Japan's construction industry. The report covers various topics, including domestic construction investment, social capital development, construction industry trends, and overseas construction markets.

Key points from the report include:

1. Domestic construction investment is expected to increase in 2017 due to growth in government and private non-residential investments, but decrease in 2018.
2. Government construction investment is expected to increase in 2017 due to growth in general accounting and reconstruction efforts after the 2011 Tohoku earthquake and tsunami.
3. Private residential investment is expected to decrease slightly in 2017 due to a decline in condominium and rental housing construction, but remain steady in 2018.
4. Private non-residential construction investment is expected to increase in 2017 due to growth in factory and other construction, but remain steady in 2018.
5. The report also discusses social capital development, including the development of large-scale sports facilities and urban regeneration efforts.
6. The construction industry is facing challenges such as a shortage of skilled workers and the need for innovation and technological advancement.
7. The report also covers overseas construction markets, including the current state of construction industries in Asian countries and the challenges they face.

Overall, the report provides a comprehensive overview of Japan's construction industry and its prospects for the future.