BMI View: Germany's solid economic performance continues to present upside risks to our construction
industry forecasts over 2016 and 2017, although we note a lack of investment from the government and
corporations means growth will trend lower over our 10-year foreca ..."
BMI View: The Czech construction industry is anticipated to expand 2.9% y-o-y in 2016, the same growth
rate compared to 2015. This year, the main growth drivers are expected to be the energy and transport
sectors. The latter through the rail and roads sub-sectors, whi ..."
BMI View: Despite a government committed to developing key infrastructure, public spending will remain
constrained by weak economic growth, which is being held back by external demand pressures and the
fading of key domestic industries. Nevertheless, growth, both econ ..."
BMI View: Norway is at the beginning of transitioning from a hydrocarbons dependent economy, which
means the value of its construction sector is taking a beating also. On the upside, the construction sector is
supported by a solid major project pipeline, government co ..."
BMI View: Poland's overall construction market is well developed and the country is home to a number of
large domestic construction firms which have expertise in a range of sectors. Transport is the largest
subsector and expected to record the strongest overall growth ..."
BMI View: Romania's construction industry continues to prove one of the strongest markets in Central and
Eastern Europe. The country's significant infrastructure deficit, with ageing transport and utilities networks
creating delays and supply insecurity, means there i ..."
BMI View: A booming housing market, a strong major project pipeline, especially in the rail transport, and
committed government spending make Sweden an attractive investment destination. A further boost is
expected from the surge in immigration and the pressure this w ..."
Construction activity in Belarus was weak in 2015 following the economic recession which resulted in a deteriorating business environment. Poor investor confidence reduced the infrastructure construction activities in the country. Consequently ..."
BMI View: We maintain our forecasts for construction industry value real growth in the UK at 3.5% for
2016, with our 2015 estimation coming in on the mark. Residential building will drive this growth over the
coming five years as government attempts to boost output, a ..."
BMI View: Belgium is home to a diverse construction sector, and its position as a regional transport hub
with an open financial market means that industry fundamentals are strong. We forecast steady growth in
Belgium's construction sector over the medium term, support ..."