Poland Road Construction Market to Demonstrate Another Output Decrease in 2013, Expects PMR07 Mar 2013 • by Natalie Aster
The contribution of road construction to total construction output has consistently grown since Poland joined the European Union, peaking at 28% in 2011. The growth decelerated in 2012 when the sector’s share fell to 22%. The coming two years are likely to be very challenging years for the sector, but the long-term growth potential remains robust, primarily driven by the significant deficiencies in the Polish road system, which is still far from complete.
According to the report “Road Construction Sector in Poland 2013” by PMR, after a decline recorded in 2012 when the road construction market’s output shrank by some 19%, 2013 is again expected to see a decrease and an output of around PLN 20bn (€4.8bn). The slowdown in road construction is accompanied by a significant deterioration in the financial standing of contractors due to a smaller number of tenders for new projects.
Road Construction Sector in Poland 2013
Published: February, 2013
Price: US$ 2,380.00
The Value (PLN bn) and Growth (%, y-o-y) of Construction Output Generated by Road and Bridge Construction Projects in Poland, 2005-2013
Polish road construction has reached a turning point, and the final scenario will depend on several factors. Further development of the sector might be stimulated by the planned improvement to the standards of cooperation between principals and contractors. Disputes between contractual parties frequently led to the termination of contracts and delayed numerous projects. Furthermore, when tenders are re-invited, additional costs and delays are incurred.
More information can be found in the report “Road Construction Sector in Poland 2013” by PMR.
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