The Construction Industry as an Engine of Regional Development: Macroeconomic Assessment and Digital Transformation Pathways Aligned with National Objectives

Abstract

The construction industry holds a pivotal role in the economic and social framework of the Russian Federation, functioning not merely as a production sector but as a system-forming component essential for achieving priority national objectives. Given that the volume of construction work is projected to reach 16.8 trillion rubles in 2024 and the sector provides employment for more than 6 million people, including those in related industries, the study of its macroeconomic impact and potential for digital transformation is of heightened relevance.This article aims to quantitatively assess the construction industry’s contribution to regional socioeconomic development and to delineate the core directions of its digital modernization as a necessary condition for sustainable growth and the fulfillment of national development goals.The empirical foundation of the study draws on official statistical data. A linear econometric model incorporating regression and variance analysis is employed to evaluate the relation ship between the indicator “Housing commissioned per 1,000 residents” and two dependent variables: gross regional product (GRP) per capita and turnover of small enterprises. The f indings reveal a statistically significant positive correlation: an increase in housing construc tion directly boosts GRP per capita and stimulates small business activity, thereby initiating a cascade of multiplier effects — ranging from enhanced value added in allied sectors to greater consumer spending and upgraded urban infrastructure. Special emphasis is placed on digital transformation as a critical enabler of efficiency gains in construction. The analysis examines contemporary technologies, including domestic Information Modeling Systems, digital twins, and platform-based solutions, all of which contribute to cost reduction, error minimization, and acceleration of design and construction workflows.The study underscores that the construction sector is indispensable for realizing national priorities such as fostering a comfortable urban environment, enhancing quality of life, and advancing human capital development. Nevertheless, unlocking its full potential hinges on comprehensive digital modernization, underpinned by supportive government policies, reformed educational curricula, and the establishment of a conducive innovation ecosystem.