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The Russian construction industry recorded a review-period (2009?2013) compound annual growth rate (CAGR) of 12.81%. Growth was supported by private and public investments in infrastructure, residential and commercial construction projects. Considering the role of modern infrastructure in achieving long-term growth, the Russian government invested heavily in road and rail projects. Industry growth is expected to continue over the forecast period (2014?2018), as a result of the government’s commitment to making infrastructural improvements and an anticipated recovery in the global economy. Consequently, industry output is expected to record a CAGR of 7.36% over the forecast period.