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Growth of international construction activity

Growth of international construction activity
By Joana P. . 4 years
Categories :
Investing Portugal

The sector grew by 51% in 2015, despite the minor 2% fall

 

In 2015, the construction sector registered a turnover of around 5.2 billion euros, down 7% from the previous year. At the same time, the national construction companies collected a parcel of overseas orders worth around € 4.2 billion, down 26% from the value obtained in 2014. Nevertheless, the turnover of the sector abroad in 2015 remained relevant, to about 3% of GDP and to 7% of total national exports.

 

Africa continues to be the main market for Portuguese construction companies, representing 60% of its turnover and the volume of the new contracts abroad. Central and South America achieved a turnover of 1,348 million euros, as well as a portfolio of orders totaling 1 billion euros, representing 26% of its activity abroad.

 

 

In Europe, the productivity in the construction sector grew by 51%, corresponding to a turnover of 733 million euros, despite a 2% drop in the order book. The analysis of the performance of Portuguese construction by country places Angola first (33%), followed by Mozambique (11%), Mexico (8%), Peru (7%), Poland and Brazil (6%), Venezuela and Algeria 4%), Spain and Malawi (3%).

 

Source: Idealista