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The year that was for the crane sector

2016 has been another tough year for our industry, with a reported slowing for total construction investment in 2015-16 of -9.8% versus a forecast of -2.4% given last year. Of course, this is the figure for total construction however, there were pockets, which continued to show strong growth, namely multi-level apartment construction, which was up 18.6%. The good news is that the 2016-17 forecast is for positive growth at 4.6%, driven mainly by infrastructure-related engineering works with road and rail leading the way.
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