Construction

The project will cover an area of 140 hectares and will cost more than half a billion euros

Despite slower growth across its main trading partners and spectre of Brexit hanging over the nation, Ireland’s economy continues to outperform even the most optimistic of expectations.

During the first 5 months of 2019, a total of 17,367 new buildings were completed.

Following the +3.1% achieved in 2018, the European construction industry’s growth is expected to fall to around +1.9% this year and to +1.5% over the following two years.

In 2018 the African construction industry saw a real boom. with the number of projects increasing by 60%.  del 60% per numero di progetti. Egypt is the country topping the rankings.

According to the 86th Euroconstruct Conference report, building production in the area will grow until 2021 (+2.8% in 2018).

The 26th CRESME Outlook and Forecast Report reveals a sector-wide recovery that is expected to continue at least until 2022.

New home starts in the U.S. achieved 1.26 million units in 2018, but 2019 will be flat after nine consecutive years of growth.

The funds will be used to build social and low-cost housing for the poorest sections of the Nigerian population.

Major real-estate and urban development projects will upgrade the city’s image over the next few years.

The Kenyan government’s housing plan involves investments of around $13 billion.

Saudi Arabia’s construction sector is expected to see strong growth with investments of $44 billion planned in 2019 alone.

The construction sector saw 5.6% expansion in 2017, and growth is likely to accelerate in 2018.

A new smart neighbourhood to the north of the capital is being planned in what will be the most important private investment of the next few years.

Energy upgrading segment will require work on almost 5 million houses at an average rate of around 143,000 houses/year.

The residential segment growth achieved 9.8% and 12.8% year-on-year in the second and third quarters.

New home starts increased for the eighth year in a row, achieving 1.20 million units, the highest yearly level in a decade.

Russia’s construction output fell by 1.4% in 2017, while a more significant decrease was registered in the new housing construction sector with the number of new houses dropping by 4.8%.

As announced at the 84th Euroconstruct Conference in Munich on 24 November 2017, construction volume in the Euroconstruct area is expected to grow by 3.5% in 2017. 

Housing is one of the sectors to receive funding along with educational and healthcare buildings.