As much as €150 bln for nearly a thousand large-scale projects in Poland

The growth potential of the Polish construction market will remain significant through 2026 on the back of the continuation of ambitious road and railway infrastructure projects, the required power transformation of the Polish economy, and the steadily robust performance of the residential construction sector. A vast majority of projects underway or planned to be implemented are located in the six most economically advanced regions, which jointly account for two-thirds of the construction market’s value.

The total value of the 960 largest investment projects underway or planned in Poland is estimated at over €150 billion, according to the findings of the latest report from research firm Spectis, the Construction market in Poland 2021-2026 - Analysis of 16 regions.

For the needs of the report, the Spectis analysts have reviewed a set of almost 1,000 projects that will make the biggest contribution to the future economic developments in the construction markets locally across the country. The study focused on the top 60 projects in each of the voivodships: 30 building construction projects and 30 civil engineering projects. The total value of the flagship projects underway tops €30 billion, whereas projects in the tender or planning stage are valued at nearly €120 billion. 

The value of projects covered in the report amounts to PLN 710 million (€155 million) per single project on average: the average figure for building structures stands at PLN 340 million (€75 million), and it is nearly PLN 1.1 billion (€245 million) for civil engineering structures. As far as civil engineering projects are concerned, the exponential average value for civil engineering projects have been driven by several mega-projects worth a few dozen billion zlotys. However, projects of that size are typically subject to a serious risk of delay. On top of that, some of them may never be completed at all.

(WBJ)