Media SPECTIS
Media commentary
Warsaw Business Journal | Value of construction market in Poland will exceed PLN 400bn by ‘26
10 Sep 2024
The value of the Polish construction market surged from PLN 177bn to over PLN 350bn between 2016 and 2024, according to a Spectis report. Although growth has been primarily nominal due to rising material and labour costs, real market stabilization is evident.
After a weaker 2024, the market is expected to rebound, surpassing PLN 400 billion by 2026, with the market-to-GDP ratio returning to over 10%. Key drivers for this growth include substantial EU and KPO grants, continued road and rail programs, and major planned investments like nuclear power and high-speed rail. However, risks include demographic challenges, high interest rates, and geopolitical uncertainty.
Full article: www.wbj.pl