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Japan's First Construction Order Drop Since 2020 | Japan News
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Episode Japan's First Construction Order Drop Since 2020 | Japan News
Japan's construction sector is experiencing its first decline in orders since 2020, with a year-over-year drop noted from April to September. Rising construction costs are causing delays in redevelopment projects and pushing contractors to explore alternatives like nuclear power or international opportunities. This downturn could have wider implications, potentially affecting global supply chains and investments. The construction industry now faces significant challenges as it adapts to these
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