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Bhutan Road Infrastructure Industry Analysis
The Roads and Highways Infrastructure Projects construction projects industry in Bhutan is a growing sector and is essential for the country's economic growth. The government has been investing heavily in the sector to improve connectivity and promote tourism.
Currently, the country has a total of 12,500 kilometers of roads, with only around 9,000 kilometers being paved. The government has set a target of paving all of Bhutan's national highways and major urban roads to improve transportation and connect remote areas of the country. In recent years, the government has also been focusing on improving road safety and reducing accidents.
The construction projects industry in Bhutan has been growing steadily over the past few years, with the government's emphasis on infrastructure development being a major driver. Additionally, the country has also seen an increase in private investment in the sector, with many domestic and foreign companies involved in road construction and maintenance.
In terms of the industry outlook, the sector is expected to continue to grow as the government remains committed to infrastructure development. The construction of new roads, highways, and bridges will continue to be a priority, and there will be a greater focus on ensuring the sustainability of infrastructure projects.
Bhutan's location between India and China makes it a strategic transit country for regional trade. This could lead to more investment in the country's road network to facilitate international trade. The tourism sector is also expected to grow, and the development of road infrastructure will help boost the industry.
In conclusion, the Roads and Highways Infrastructure Projects construction projects industry in Bhutan is an important sector that has seen steady growth over the past few years, with the government investing heavily in infrastructure development. The industry outlook is positive, with a continued focus on sustainable infrastructure development, increased private investment, and the potential for growth in international trade and tourism.
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