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 ..."
BMI View: The Danish construction sector will be a regional outperformer in the medium term, on the
back of strong investment in the infrastructure sector, driving a solid project pipeline, with public and
private financiers looking to the sector for safe investments. ..."
BMI View: The construction industry should return to growth in 2016, with 0.74% real growth after years
of strong contraction. Nevertheless, growth will remain weak over the next few years as a weak domestic
economic environment and ongoing policy and regulatory uncer ..."
BMI View: We maintain our positive construction industry growth forecast for Spain in 2016 on the back of
investment in transport infrastructure, particularly in the railway segment. Political uncertainty following
the general election in December 2015 poses the main ..."
BMI View: Austria's construction industry will register a ninth consecutive year of negative growth in
2016, coming in at -0.2% and a value of USD20.5bn. From 2017 to the end of our forecast period in 2025,
we predict muted positive growth sustained by an improving ec ..."
BMI View: Post-election political instability and a lack of clear leadership, combined with the knock-on
effects of devastation from the 2014 floods, has left Bosnia & Herzegovina's building industry faltering,
despite the need for reconstruction and the aid coming in ..."
BMI View: Overall, the long-term outlook for Greece's struggling construction sector remains bleak. While
the country has successfully agreed a third bailout deal, economic growth will remain subdued, and
significant structural weaknesses persist, exacerbated by ongoi ..."
BMI View: Italy's construction sector is expected to see a marginal return to growth in 2016, although the
overall market value will remain well below that of pre-2008 peak values. Limited public spending capacity
will continue to hamper investment is social and utili ..."