In 2023, road infrastructure investment in Japan stood at a significant level. Forecasted data from 2024 to 2028 shows a consistent downward trend in investment, with values decreasing each year. From 2024 to 2028, the projected year-on-year decline ranges between 3.3% and 3.4%, indicating a steady reduction. Over a five-year period, the compound annual growth rate (CAGR) is anticipated to reflect a downward trajectory, with an annual average decrease of approximately 3.5%.
Future trends to watch for include:
- Potential policy changes aimed at revitalizing infrastructure spending.
- Technological advancements and their impact on road infrastructure efficiencies.
- Economic factors influencing public and private investment channels.
- Environmental and sustainability policies affecting infrastructure priorities.