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Engineering work to stabilise the Balkan construction market - February 2009

As a result of the economic slowdown and the less substantial inflow of foreign capital, in 2009 the growth rate of the Western Balkan construction market will dwindle to approximately 6% from 12% in 2008. More robust growth will not be possible before 2011. In future years civil engineering will be the driving force in the Western Balkan construction industry.

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Construction sector in Balkans 2009: Serbia, Croatia, Bosnia and Herzegovina, describes and analyses these regional construction markets in their totality as well as by segment, providing the most current data and analysis for the civil engineering, non-residential and residential construction markets in precise, relevant detail. General macroeconomic data is also provided for each country, along with assessments of current market conditions as indicated by such factors as market size, output, number and type of active construction companies, employment and wages, and legislative changes that directly affect the construction industry.
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