Non-housing construction market to grow by 3-4% in 2016-2017 - PMR

Poland's non-residential construction market is set to grow by 3-4 percent in the period of 2016-2017 and stagnate as of 2018, a report by PMR said. In the years 2016-2021, investments in industrial and warehousing buildings will reach PLN 11.9 billion, an increase of 32 percent compared to 2010-2015, whereas investments in shopping malls will fall by 3 percent to PLN 6.1 billion. Spending on public utility buildings will amount to PLN 5.3 billion (a decrease of 17 percent), while investments in offices are expected to grow by 29 percent and equal PLN 4.4 billion. In 2015, the value of the construction market grew by 4.5 percent reaching some PLN 182 billion, a researcher informed.