SAMOTER-VERONA OUTLOOK FOR THE WORLD CONSTRUCTION MARKET: INDIA OVERTOOK CHINA IN 2016

India is the new landmark for world construction industry market. In 2015 saw leadership in Asia change hands, with China falling back in terms of global investments in this sector. India posted growth of 5.3% over the year, while China achieved only +4%. This change at the top was confirmed the presentation of the SaMoTer-Verona Outlook, the construction sector
observatory set up in partnership with Prometeia, the international economic consulting and research company, with the support of Unacea, the Italian Association of construction machinery and equipment manufacturers. The results were presented today during the second SaMoTer Day, the training and guidance event focusing on opportunities and trends in the building and construction machinery market in Italy and world-wide. The focus of the 2017 edition will be on management and prevention of environmental emergencies, with thematic focus meetings dealing with on land consolidation sites and the Italian Government plan which envisages investments of over 7 billion euros and 3,500 different projects.