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.