Recent Study: Construction in Bulgaria - Key Trends and Opportunities to 2017
The Bulgarian construction industry registered a CAGR of -14.20% during the review-period (2008-2012). In 2009, economic contraction led to decline in the inflow of foreign capital to the construction industry. The limitations imposed on mortgage lending, coupled with a weaker economic climate caused inactivity and a reduction in output. The industry is expected to record a forecast-period (2012-2017) CAGR of 2.21%. Over the forecast-period, demand is anticipated to increase in due to the modernization of the rail program, expansion of...
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