Greece Infrastructure Q4 2018
The Greek construction and infrastructure industries are gradually recovering from a long-term slump, weighed down bypoor economic performance and a government that has eroded investor confidence. The construction sector is estimated to growby 2.0% in 2018 and an average of 3.6% CAGR over the decade to 2027. The non-residential construction, transport and oil and gaspipeline infrastructure bring positive sentiment to the overall construction industry. From the beginning of 2018, the start of severalprojects followed by the auctioning of numerous projects, will boost the sector. Growth however in the residential sector will remainweak, lowering overall construction growth rates.
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