Research of Construction in the Czech Republic Industry : Technology, Applications, Growth and Status 2017-2021
ResearchMoz presents professional and in-depth study of "Construction in the Czech Republic, Key Trends and Opportunities to 2021". Synopsis Owing to the effects of economic recession, construction activity in the Czech Republic was weak during the review period (20122016). This led to the implementation of various government austerity measures which reduced the pace of investment in construction projects. The industrys output value in real terms recorded a review-period compound annual growth rate (CAGR) of 1.51%. Over the forecast period (20172021), the industry is expected to recover. A gradual improvement in regional economic conditions, coupled with a revival in both investor and consumer confidence, will support industry growth. The European Union (EU)s move to provide funding to support the implementation of transport infrastructure projects is expected to add momentum to the industrys expansion. In real terms, the industrys output value is expected to post a forecas...