New Study: Construction in the Czech Republic - Key Trends and Opportunities to 2020

Timetric's Construction in the Czech Republic - Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Czech construction industry including:

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

Report Highlights

* The country's construction industry underwent a difficult period during the review period, as evidenced by a decline in the number of building permits issued. According to the Czech Statistical Office (CZSO), the total number of building permits issued fell by 6.5%, from 84,864 in 2013 to 79,357 in 2014. In terms of type of construction, permits for residential buildings fell by 4.6%, from 29,475 in 2013 to 28,127 in 2014, whereas, permits for non-residential building declined by 7.4%, from 18,929 to 17,527 during the same period. However, in the first eleven months of 2015, the total building permits grew marginally by 0.9% annually, from 73,559 in January-November 2014 to 74,239 in January-November 2015.
* According to the CZSO, residential property prices increased during the first nine months of 2015, backed by growth in demand due to improving business confidence and low interest rates. The country's house price index rose by 3.8% in the first nine months of 2015, from 100.6 in January-September 2014 to 104.4 in January-September 2015, whereas the average indices of offering prices of apartments grew by 4.9%, from 100.6 to 105.5 during the same period.
* The Czech government invested in road construction during the review period and will continue to invest in new projects over the forecast period, including the construction of the Prague bypass road, R35 expressway section and repair of the D1 motorway between Mirocovice and Kyvalka.
* Government efforts to balance supply and demand for energy are expected to support the growth of the energy and utilities construction market over the forecast period. In order to provide reliable, environmentally friendly and safe energy supply, the government published its national energy policy in May 2015. Under which, the government plans to increase the share of nuclear energy in the total electricity generation mix from 35% in 2014 to 46-58% by 2040.
* The country has one of the most highly developed transport networks in Central Europe. To maintain its position, continued investments are expected in infrastructure over the forecast period.

Full Report Details at
- http://www.fastmr.com/prod/1124649_construction_czech_republic.aspx?afid=301

Report Scope

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Construction in Nigeria - Key Trends and Opportunities to 2020
- Construction in Tunisia - Key Trends and Opportunities to 2020
- Construction in India - Key Trends and Opportunities to 2020
- Construction in Vietnam - Key Trends and Opportunities to 2019
- Construction in Egypt - Key Trends and Opportunities to 2019