Road construction investment in Poland is expected to fall again in 2013 to US$ 6.33 billion (PLN 20bn), owing to contractual disputes in the sector, according to a study by market research firm PMR.
This year’s predicted fall comes after investment plummeted 19% in 2012, the PRM study states. However, the road construction share of total construction activity has increased since Poland became a part of the1116 European Union - reaching a 28% peak in 2011, and a 22% share last year.
Last year, bankruptcies of about 300 companies were recorded. It is estimated that projects valued at about $26.82 billion (PLN 85bn) are currently in the pipeline but not all may reach the implementation stage.
This year’s predicted fall comes after investment plummeted 19% in 2012, the PRM study states. However, the road construction share of total construction activity has increased since Poland became a part of the
Last year, bankruptcies of about 300 companies were recorded. It is estimated that projects valued at about $26.82 billion (PLN 85bn) are currently in the pipeline but not all may reach the implementation stage.
