Chodai: Adapting Japan’s Construction Sector To Changing Demands And Technological Advancements

Japan’s construction sector has shifted to a 50-50 split between new construction and maintenance of existing structures due to the country’s aging population and declining birth rate. The national government budget for public infrastructure is expected to remain the same or decrease due to rising healthcare costs and increased self-defence budget. The construction sector is facing a shortage of young workers, with one in four workers over the age of 65. This presents both challenges and opportunities for companies in the sector.