Constructions market could reach 7bn euros

The constructions market could increase this year by about 15-20% from 2005 to a 7 billion-euro level, according to Gheorghe Polizu, chairman of the Association of Construction Companies. (PSC). “The market could grow by about 15-20% this year due to extensive infrastructure works to be initiated. This growth will continue in the 2007-2008 period, as well”, says Polizu. This growth is the biggest seen in the last five years, a time when the market soared by 8 – 10% a year. The major driving force behind the construction market this year will be public works, big infrastructure projects such as highways, as well as local infrastructure projects, road upgrading, rehabilitation of water networks and bridge repair works. ZF