Market Report, "Construction in Belgium - Key Trends and Opportunities to 2019", published

From: Fast Market Research, Inc.
Published: Fri Nov 06 2015

Timetric's Construction in Belgium - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Belgian construction industry including:

* The Belgian construction industry's growth prospects by market, project type and type of construction activity
* Analysis of equipment, material and service costs across each project type within Belgium
* Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Belgian construction industry
* Profiles of the leading operators in the Belgian construction industry
* Data highlights of the largest construction projects in Belgium

Report Highlights

* In terms of buildings permits, there has been clear evidence of an expansion in residential and non-residential construction, according to the latest data from the National Bank of Belgium (NBB). The total number of building permits issued in the country grew by 5.6%, increasing from 28,280 permits in 2013 to 29,860 permits in 2014. Of the total building permits, 25,403 permits were issued for residential buildings in 2014, while 4,457 were issued for non-residential buildings.
* To increase the country's regional competitiveness, create jobs in the country and support economic growth, the government is planning to upgrade the country's broadband network under the Digital Belgium plan, which will support the construction industry's growth over the forecast period.
* The Belgian construction industry is expected to be supported by EU funds to help develop the country's infrastructure. EIB investments in the country grew by 29% in 2014, going from EUR1.6 billion (US$2.1 billion) in 2013 to EUR2 billion (US$2.7 billion) in 2014. Indeed, the EIB invested EUR7.6 billion (US$10.1 billion) in Belgium between 2010 and 2014, in the areas of water, sewage and urban development, education, healthcare, transport and telecommunication.
* After a short decline in the first half of 2014, property prices in the country are rising again. According to Statistics Belgium, the average house price index in the country grew by 2.2%, going from 105.9 in the first half of 2014 to 108.2 in the second. This was preceded by annual growth of 1.2% and 2.2% in 2013 and 2012 respectively.

Full Report Details at

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