Pelješac Bridge and Istrian Ypsilon Boost Construction Growth in Croatia

By 7 September 2019

As Novac/Adriano Milovan writes on the 6th of September, 2019, the value of construction works in the Republic of Croatia in the second quarter of this year stood at 10.6 percent higher than it did in the same period last year, while in the first half of the year it increased by as much as 19.2 percent compared to the same period last year.

These promising results on the state of Croatia's construction sector, which like a multitude of other industries has suffered some unwelcome blows of late, were shown when looking at some of the new data taken from national statistics.

The value of new orders in Croatia's construction industry is also on the rise. According to the data taken from the Central Bureau of Statistics, in the second quarter of this year, the percentage of orders was 3.7 percent higher than it was during the same period last year, while in the first half of 2019, they were higher by a very encouraging 12.1 percent when compared to the first half of last year.

Nearly half of the construction work in the first six months of this year in Croatia was related to buildings.

Namely, in the structure of construction works during this period, 33.1 percent referred to non-residential buildings, and 15.2 percent referred to residential buildings.

Furthermore, 33.8 percent of the works relate to the construction of transport infrastructure, which can probably be primarily attributed to the construction of the long awaited Pelješac bridge, a strategic project down in Dalmatia, and the continuation of work on converting the Istrian Ypsilon into a highway, while 14 percent is related to pipelines, communication and power lines across the country.

Complex construction works on industrial premises accounted for 2.5 percent of total construction work in the first half of this year in Croatia, while construction work for other buildings which don't fall into the above-mentioned categories accounted for 1.4 percent of total construction work, the latest data from the Central Bureau of Statistics shows.

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