Polish construction market poised to grow 5% in 2012

The Polish construction market will continue to show strong performance in 2012 in terms of the value of projects completed. However, the reduced number of road construction schemes will seriously impact the sector’s results in 2013-2014. In the long term, the power sector, accompanied by the railway construction segment, will drive the growth of civil engineering construction.
The construction market is projected to see an increase of around 5% in 2012, but the years 2013 and 2014 are likely to see a marked slowdown, with the chief reason behind the downturn being a lower volume of output generated by the civil engineering construction sector. According to ”Construction sector in Poland, H1 2012 – Development forecasts for 2012-2014”, a report prepared by our company, road construction projects nearing completion will have an adverse effect on the results of the civil engineering construction segment already in 2013.

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