The value of the Polish construction market surged from PLN 177 billion to over PLN 350 billion between 2016 and 2024, according to a Spectis report. Although growth has been primarily nominal due to rising material and labor costs, real market stabilization is evident.
After a weaker 2024, the market is expected to rebound, surpassing PLN 400 billion by 2026, with the market-to-GDP ratio returning to over 10%.
Key drivers for this growth include substantial EU and KPO grants, continued road and rail programs, and major planned investments like nuclear power and high-speed rail. However, risks include demographic challenges, high interest rates, and geopolitical uncertainty.
(inwestycje.pl)