Poland Polish construction still on its way up

Despite the sharp downturn in economic activity due to the Covid-19 pandemic, the Polish construction sector is expected to continue to exhibit significant potential for growth right up to 2025. Notably, there has been an improvement in the outlook for the civil engineering sector compared with the previous projections. The vast majority of projects underway or planned are located in the six most economically developed regions, which account for almost 65 pct of the construction market’s total value. The top three provinces in terms of project value are: Masovia, Pomerania and Silesia. In Masovia, the largest numbers of projects are in the following segments: road construction, railway construction, bridge and tunnel construction, airport construction, office construction and residential construction; while in Pomerania and Silesia, the dominant segments are power construction, hydro technical construction, railway construction and road construction. The investment potential in provincial Polish is further boosted by commercial, manufacturing and residential construction projects

Spectis included almost 1,000 projects across the country in its survey, with a special focus on the top 60 projects in each of the provinces: 30 building construction projects and 30 civil engineering projects. The total value of those flagship projects that are currently underway comes to EUR 25 bln, while those in the tender or planning stage are valued at EUR 96 bln