Market Research Report Czech Republic Construction Industry Report 2017 | Page 3
Identify and evaluate market opportunities using Timetric's standardized
valuation and forecasting methodologies.
Assess market growth potential at a micro-level with over 600 time-series data
forecasts.
Understand the latest industry and market trends.
Formulate and validate strategy using Timetric's critical and actionable
insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
Key Highlights
The Czech Republic has had access to significant financial assistance from
the EU, in the form of EU Structural Funds, since 2004. Under the Cohesion
Policy 20142020, the EU announced plans to allocate over CZK529.3 billion
(US$25.5 billion) until 2020 with a particular focus on effective energy
management, education, employment, social cohesion and innovation.
The governments focus on developing road infrastructure will support growth
in the infrastructure construction market. Under the 2017 Federal Budget, the
government announced plans to allocate CZK78.3 billion (US$3.2 billion) for
the Transport Infrastructure Fund. The investment will be used for the repair
and maintenance of class I, class II and class III roads.
In October 2015, the government granted approval for the Social Housing
Concept of Czech Republic 20152025 which was proposed by the Labor and
Social Affairs Ministry. Under the program, the government aims to tackle
issues associated with social housing and implement effective measures in
order to provide housing accessibility to all sections of the population by
2025.