Market Research Report Czech Republic Construction Industry Report 2017
Czech Republic Construction Industry Key Trends
and Opportunities Market Report 2021
Market Research Hub (MRH) has recently announced the addition of a fresh report,
titled “Construction in the Czech Republic, Key Trends and Opportunities to 2021”
to its report offerings. This report provides a comprehensive analysis of the
construction industry in the Czech Republic. It provides Historical (2012-2016) and
forecast (2017-2021) valuations of the construction industry in the Czech Republic
using construction output and value-add methods.
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Synopsis:
Owing to the effects of economic recession, construction activity in the Czech
Republic was weak during the review period (20122016). This led to the
implementation of various government austerity measures which reduced the
pace of investment in construction projects. The industrys output value in real
terms recorded a review-period compound annual growth rate (CAGR) of
1.51%.
Over the forecast period (20172021), the industry is expected to recover. A
gradual improvement in regional economic conditions, coupled with a revival
in both investor and consumer confidence, will support industry growth.
The European Union (EU)s move to provide funding to support the
implementation of transport infrastructure projects is expected to add
momentum to the industrys expansion.
In real terms, the industrys output value is expected to post a forecast-period
CAGR of 0.12%. The implementation of flagship programs such as the
20142020 Operational Program for Transport, Social Housing Concept of