Bauma CONEXPO INDIA

Doka India officially inaugurated its new office and onboards its official channel partners in Nepal and Sri Lanka.

The EAP region accounts for a large proportion of global construction output, measured by Total Construction Output (TCO), which is the sum of the residential construction, non-residential construction and civil engineering. The high TCO level is accompanied by high dynamics: Annual real growth rates of around 4.4% per annum are expected for the period 2019 to 2021 for the EAP region. For comparison: The World-TCO real growth rates are expected to rise by 3.3% per year in this period.

Within the EAP region, the Philippines is one of the fastest growing countries with annual growth expectations of the TCO of over 8% between 2019 and 2021.