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The Russian construction industry is one of the largest in the world, with a market size of $242.7 billion in 2022. The market is projected to grow at a CAGR of less than 2% during 2024-2027. The residential construction sector is the largest segment of the market, followed by infrastructure and non-residential construction.
Russia Building Government Procurement
The Russian government is a major procurer of construction goods and services. In 2022, the government awarded over RUB 4 trillion worth of construction contracts. The most common types of construction projects procured by the government are infrastructure projects, such as roads, bridges, and railways, as well as public buildings, such as schools and hospitals.
The main building products and services procured by the Russian government include:
Construction materials, such as cement, steel, and timber
Construction machinery and equipment
Construction services, such as design, engineering, and construction
The top authorities for Russia building procurement are:
The Ministry of Construction, Housing and Utilities of the Russian Federation
The Federal Agency for Construction and Housing (Rosstroy)
The Federal Road Agency (Rosavtodor)
The State Company for Public Procurement (GKZ)
Top Local Winners of russia Building Procurement:
PIK Group: Affordable and efficient construction practices
Etalon Group: Focus on sustainability and energy efficiency
LSR Group: Diversified experience in residential, commercial, and infrastructure projects
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