18% average construction industry growth observed in Uzbekistan between 2013 and 2015

The construction industry has been among the major drivers of the country’s economic growth over the past ten years. Between 2006 and 2015, the country’s construction output surged in real terms by 16.3% on average every year, and by 17.8% in the last three years. Strong growth in the construction… Read more »

Construction industry to deliver results below expectations in 2016

The construction industry expanded at a year-on-year real growth rate of approximately 4% in 2015, according to PMR, as against the preliminary GUS estimate of 2.8%. Stronger-than-official growth of the market in 2015 is also suggested by an increase of over 10% in the aggregated revenue generated by 30 construction… Read more »

Until 2020 most fast roads will be built in Mazovia and Pomerania

The long-awaited acceleration in road construction is drawing closer, though its pace will vary from region to region, according the findings of PMR latest report “Construction sector in Poland 2016 – Regional focus. Market analysis and development forecasts for 2016-2021.” The road construction market is expected to grow in the double-digit… Read more »

Kazakh construction industry to expand by 4.2% y-o-y in 2014

As indicated by the results of PMR’s latest report, entitled “Construction sector in Kazakhstan 2014. Development forecasts for 2015-2020”, the construction industry in Kazakhstan is projected to accelerate its annual expansion pace to 4.2% in 2014, up from 3.5% growth seen a year ago. During the first half of 2014,… Read more »

A challenging 2012 for the Czech construction industry

The revised Czech government strategy on transport infrastructure construction released in January 2012 indicates that the decline in civil engineering construction may continue in 2012 due to the postponing or freezing of major constructions in the road and rail sector. A return to growth is expected in 2013-2014. As a… Read more »

Railway construction market in Poland worth in excess of €750m

The condition of rail tracks in Poland is deplorable due to two decades of neglect of investment. Thanks to the generous funds provided by the European Union the Polish railway sector has embarked on a difficult path towards restoring its infrastructure, which creates opportunities for growth in new segments of… Read more »

Construction industry finally sees growth as Ukraine ramps up preparations for Euro 2012

Between the peak recorded in 2007 and the trough of 2008-2010, the value of construction works carried out in Ukraine plunged by 70% in real terms. Residential construction was hardest hit by the crisis and, while the housing sector is yet to recover, overall market development in the country does… Read more »

Industrial construction market in Poland to grow to up to €7bn by 2014

Forthcoming investments in the power, gas and production sectors will help the industrial construction market get back on the path of sustained growth after a decline in 2009 and 2010. As a result, industrial construction will be able to successfully take the place of road construction as the key driving… Read more »

Construction industry in Russia sees long-awaited upsurge

The Russian construction sector finally posted some healthy growth figures in the second half of the year. In July, a 17.6% increase was posted, reminiscent of the pre-crisis growths, and this was followed by a 12.4% increase in the value of construction works in August. In the first half of… Read more »

Construction industry in Kazakhstan fostered by government-initiated programmes

The construction industry suffered more than most areas of the Kazakh economy as a result of the global financial crisis which hit the country in 2008. Fortunately for builders, the government undertook several measures to support the industry, without which the consequences would have been more severe than the 5%… Read more »