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Construction Sector Expects Expansion this Year with Capital Expenditure

31/10/2024

 Next year is expected to be decisive for the construction industry. With the adoption of the proposed budget, construction companies anticipate a revitalization of the sector. Years of stagnation and significantly reduced capacities have nearly devastated these companies, so they are placing great hopes on the implementation of the planned capital investments in the upcoming 2025. They expect the construction push in this sector to once again drive the economy, relying on the €250 million allocated to municipalities for infrastructure projects, as well as on numerous projects for which public procurement announcements were postponed due to the elections.

Link to the full interview with Andrea Serafimovski, President of the Association of Construction, Building Materials, and Non-metal Industries: