Growth of international construction activity
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%).
Construction sector recorded a minor fall in 2016
Productivity in construction has fallen 3% in October, compared to the same period in 2015, the decline being less talked about since then. This slowdown is justified by the segment of construction of the buildings, that registered the least sharp fall in more than a year. The civil engineering segment, in its turn,
The new Feira Popular de Lisboa begins its construction in November
The Mayor of Lisbon, Fernando Medina, said that the works of the new Fair Feira Popular will start , on 3 November. These will start with the demolition of the buildings that are on the ground, located in Carnide parish. Next will be built the new accesses to the space, modulation of the land and the positioning of green space.
Construction works give signs of recovery in Portugal
In Portugal 4.2 thousand buildings were licensed in the second quarter of 2016, corresponding to 12% more than in the same period of the last year, and 2,500 buildings were completed, which corresponds to 10.7% less than in the same period 2015 . The construction industry, which was one of the most affected by the financial crisis that struck the country, shows signs of recovery.
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