Analysts predict growth in construction at around 10%

Published: 10.07.2018 Related countries:  United Arab Emirates United Arab Emirates

The construction market of the Czech Republic will be in good condition

A stability and balance in the development of the construction production will likely continue. This was stated by Association of building Entrepreneurs of the Czech Republic President Václav Matyáš in relation with data published by the Czech Statistical Office. According to his words, a favourable effect could be shown by the announced growth in both awarded and opened public tenders and the fulfilment of goals of the policy statement of the new government. Komerční banka chief economist Jan Vejmělek expects the full-year result of the construction industry somewhere around the threshold of +10 %.