The purpose of this MRH research study titled Construction in Croatia-Key Trends and Opportunities to 2023 is to enlighten the readers about the Construction in Croatia with a stern focus on the development trends and opportunities projected for future years. In short, this assessment drops light on the market size and revenue share which are motivated by numerous market drivers, together with a clear insight about challenges that might create a blockage for the development of Construction in Croatia.

Get Sample Copy of This Report @ https://www.marketresearchhub.com/enquiry.php?type=S&repid=2438638

Construction in Croatia - Key Trends and Opportunities to 2023

Summary

Croatias construction industry regained growth momentum in 2018, with output expanding by 4.7% in real terms - up from 1.3% in 2017. Growth during the review period (2014-2018) averaged 1.4% a year, and was supported by positive developments in regional economic conditions and public and private sector investments in commercial, residential and energy infrastructure construction projects.

The industrys output value is expected to continue to expand in real terms over the forecast period (2019-2023), driven by the governments plans to upgrade the countrys transport infrastructure. The government plans to invest HRK9.3 billion (US$1.5 billion) in rail infrastructure by 2023. In addition, the industrys output is expected to be supported by improvements in business confidence, which will drive investment in infrastructure, commercial, residential projects and energy infrastructure. The focus on the development of renewable energy infrastructure is also expected to drive industry growth. The government plans to invest HRK12 billion (US$1.9 billion) in renewable energy by 2030. Financial assistance from the European Union (EU) to develop the countrys overall infrastructure is also expected to support industry growth.

The industrys output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 2.75% over the forecast period.

GlobalDatas "Construction in Croatia - Key Trends and Opportunities to 2023", report provides detailed market analysis, information and insights into the Croatian construction industry, including - 
- The Croatian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Croatian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Key Highlights

- GlobalData expects the infrastructure construction market to record a forecast-period CAGR of 3.29% in nominal terms, driven by the governments plan to develop and modernize the countrys transport infrastructure. In May 2019, H Infrastruktura, the state-owned rail infrastructure operator, announced its plan to invest HRK9.3 billion (US$1.5 billion) in rail infrastructure during the period of 2019-2023.
- The European Investment Bank (EIB) invested HRK4 billion (US$639 million) in Croatia in 2018 in the transport, energy, infrastructure and social sectors. Of the total investment, HRK1.3 billion (US$202.9 million) was allocated for environmental projects, HRK901.2 million (US$143.5 million) for infrastructure projects, HRK741.4 million (US$118.1 million) for small and medium-scale projects and HRK654.8 million (US$104.3 million) for innovation.
 

- GlobalData expects the institutional construction market to register a forecast-period CAGR of 4.76% in nominal terms, driven by public and private sector investment in education and healthcare construction projects. In the 2019 budget, the government increased its spending of the Ministry of Science and Education by HRK499.6 million (US$79.6 million), compared to the 2018 budget spending. In 2018, three EU Fund healthcare grant agreements worth HRK175.8 million (US$28 million) was signed by the Ministry of Regional Development to develop the countrys healthcare sector.
 

- Forecast-period growth in the energy and utilities construction market will be driven by the governments efforts to promote renewable energy. To reduce the countrys reliance on imported energy, cut carbon emissions and generate more electricity through renewable sources, the government is developing renewable energy infrastructure. The government aims to generate 32% of the countrys gross energy consumption through renewable sources by 2030 and 56% by 2050.
 

- The total construction project pipeline in Croatia - as tracked by GlobalData, and including all mega projects with a value above US$25 million - stands at HRK154.3 billion (US$24.6 billion). The pipeline, which includes all projects from pre-planning to execution, is well balanced, with 51.3% of the pipeline value being in projects in the pre-execution and execution stages as of July 2019.

Scope

This report provides a comprehensive analysis of the construction industry in Croatia. It provides - 
- Historical (2014-2018) and forecast (2019-2023) valuations of the construction industry in Croatia, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. 
- Listings of major projects, in addition to details of leading contractors and consultants

BROWSE Full Report NOW @ https://www.marketresearchhub.com/report/construction-in-croatia-key-trends-and-opportunities-to-2023-report.html

Table of Contents

1 Executive Summary
2 Construction Outlook: At-a-glance
3 Latest News and Indicators
4 Key Drivers and Risks
4.1. Economic Performance
4.2. Political Environment
4.3. Demographics
4.4. Risk Profile
5 Construction Outlook
5.1. All Construction
5.1.1. Outlook
5.1.2. Project analytics
5.2. Commercial Construction
5.2.1. Outlook
5.2.2. Project analytics
5.3. Industrial Construction
5.3.1. Outlook
5.3.2. Project analytics
5.4. Infrastructure Construction
5.4.1. Outlook
5.4.2. Project analytics
5.5. Energy and Utilities Construction
5.5.1. Outlook
5.5.2. Project analytics
5.6. Institutional Construction
5.6.1. Outlook
5.6.2. Project analytics
5.7. Residential Construction
5.7.1. Outlook
5.7.2. Project analytics
6 Key Industry Participants
6.1. Contractors
6.2. Consultants
7 Appendix
7.1. What is this Report About?
7.2. Definitions
8 About GlobalData
8.1. GlobalData at a Glance
8.2. GlobalData Construction
8.3. Disclaimer
8.4. Contact Us

More Information………@@@

Enquire about this Report @ https://www.marketresearchhub.com/enquiry.php?type=enquiry&repid=2438638

About Market Research Hub

Market Research Hub (MRH) is a next-generation reseller of research reports of different sector like construction market research and analysis. MRH’s expansive collection of industry reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.

MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.

Contact Us         

90 State Street,

Albany, NY 12207,

United States

Toll Free: 800-998-4852 (US-Canada)

Email: press@marketresearchhub.com

Website: http://www.marketresearchhub.com/

Read Industry News at: https://www.industrynewsanalysis.com/