Constructions to go up 8%-10%

The constructions market this year might reach four billion euros, 8%-10% higher than last year, Liviu Daschievici, director general of the Romanian Association of Construction Contractors (ARACO) said. “The construction sector has been constantly increasing over the last few years, from 3.3bn euros in 2000 to some 3.6bn euros in 2002,” Daschievici added. ARACO’s director general explained the development of the constructions market projected for this year was supported, among others, by the national road rehabilitation and highway construction programmes promoted by the Ministry of Public Works, Transports and Housing (MLPTL), as well as by the strategy of the National Housing Agency (ANL) to re-launch housing construction. “Some 1,000 km of national roads are scheduled for modernisation this year, and the agenda also includes beginning construction of major highway sections. At the same time, ANL’s 2003 programmes show construction works in progress for 27,000 homes, with 16,000 to be delivered this year,” Daschievici said. ZF