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Definition: Construction

United Nations terminology

Economic activity directed to the creation, renovation, repair or extension of fixed assets in the form of buildings, land improvements of an engineering nature and other such engineering constructions as roads, bridges, dams.
Source:
United Nations, "International Recommendations for Construction Statistics", Series M, No. 47, Rev. 1, United Nations, New York, 1997
Created:
2006-02-24
Updated:
2019-05-10

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