Welcome Guest | Register / Login

Construction in Bulgaria - Key Trends and Opportunities to 2025

Construction in Bulgaria - Key Trends and Opportunities to 2025

Summary

The Coronavirus (COVID-19) outbreak severely affected Bulgaria's construction industry, the industry suffered from labour shortages and project delays amid the travel restrictions and social distancing measures imposed by the government. This led to industry output contracting by 1.2% in 2020 down from a growth rate of 3.6% in 2019. According to the National Statistical Institute (NSI), the construction industry's value-add grew marginally by 0.7% year-on-year (YoY) in real terms in the third quarter of 2020, following a decline of 7.4% in Q2 2020 and a growth rate of 1.9% in Q1 2020.

However, the construction industry is forecasted to recover in 2021, with a growth of 5% expected, supported by the resumption of construction works. Over the remainder of the forecast period, the industry is expected to grow at an annual average rate of 4%. The industry will be supported by investments in the infrastructure construction sector. In July 2020, the European Union (EU) announced an economic recovery package worth BGN59 billion (US$33.2 billion) under the bloc's long-term budget for the period 2021-2027. The country will also receive BGN17.6 billion (US$9.9 billion) under the EU's cohesion policy 2021-2027 to develop the country's research and innovation (R&I) centres. The government also allocated BGN40 million (US$22.5 million) in January 2021 to support employment in the tourism and transport sectors under the Human Resources Development programme.

This report provides detailed market analysis, information, and insights into Bulgaria's construction industry, including -
- Bulgaria's construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Bulgaria's construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Bulgaria. It provides -
- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Bulgaria, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

- Identify and evaluate market opportunities using GlobalData's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using GlobalData's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Single User License: Report will be emailed in PDF format and can be accessed by a specific user. This License type allows the report to be Printed.
Site License: Report will be emailed in PDF and  allows only employees within the same geographical location within the organization to access it. This License type allows the report to be Printed.
Global Site License: Report will be emailed in PDF format and allows all employees within the organization to access it.  This License type allows the report to be Printed.
Why http://www.marketreportsonline.com/
Construction in Bulgaria - Key Trends and Opportunities to 2025
Published By :GlobalData
Price
How to Purchase
Purchase reports from our site in few easy clicks. Please follow the description given below to complete your purchase process.
Step 1:
Select the report title of your interest, and Click on Buy Now button next to the Price option.
Step 2:
You will arrive at the Purchase page, where you will be requested to Signup (New User) or Login (Registered User). Please note that in-keeping with the security check on the website, you must submit your full details to avoid any inconvenience arising from incorrectly entered data or counterfeit information.
Step 3:
After SignUp/Login, you will arrive at our Payment Page on Paypal. You will see your Order Summary as well as an option to Choose a way to pay. Select a Payment option from Pay with a Paypal account OR Pay with a Debit or Credit Card. MarketReportOnline accepts Visa, MasterCard, American Express and Discover through Paypal. Fill up the required details in the option of your choice.
Step 4:
Once you follow the required process in Step 3 as mentioned above, you have successfully completed the purchase process.
Step 5:
Once you have successfully completed the purchase process, you will receive a confirmation email. The report will then be emailed to you directly by the publisher, as per our agreement with the publisher. For Orders that are placed after working hours, the delivery of the reports will be made on the next business day. For orders that are placed during weekends, the delivery of the reports will be made on the next 'working' business day. Please note, if you select purchase by invoice, you will receive your report only once the payment has been received. If you have any queries about how to order, please Contact Us.
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy