Buildings to be a driving force of the Slovak construction industry in 2012

In the coming years residential and non-residential construction are expected to be the major drivers of the Slovak construction market. The engineering sector is likely to feel the consequences of the delays and the lack of proper preparation and planning for civil engineering investments, particularly in the road construction field.
According to our latest report entitled “Construction sector in Slovakia 2012 − Development forecasts for 2012-2014”, in the years to come non-residential construction will witness a rising trend and will be the most stable segment of the Slovak construction market. In 2012 the industrial, logistics and retail sectors will come out of the painful slump they experienced in 2010-2011 as several major constructions are expected to be completed in 2012.

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