{"id":10082,"date":"2022-06-30T14:04:15","date_gmt":"2022-06-30T21:04:15","guid":{"rendered":"https:\/\/essential.construction\/news\/?p=10082"},"modified":"2022-06-30T14:04:15","modified_gmt":"2022-06-30T21:04:15","slug":"2022-will-see-steady-growth-in-european-construction-fiec","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/2022-will-see-steady-growth-in-european-construction-fiec\/","title":{"rendered":"2022 Will See Steady Growth In European Construction- FIEC"},"content":{"rendered":"<div class=\"td-featured-image-rec\">\n<div class=\"td-post-featured-image\"><a href=\"https:\/\/www.worldconstructiontoday.com\/wp-content\/uploads\/news\/16105\/2022-will-see-steady-growth-in-european-construction-fiec-min.jpg\" rel=\"nofollow noopener\" target=\"_blank\"><\/a><\/div>\n<\/div>\n<p>According to a recent report, total investment in European construction increased by 5.2%\u00a0in 2021, demonstrating its robustness. The European Construction Industry Federation (FIEC) anticipates a 2.4%\u00a0increase this year, with fixed price growth led by civil engineering and new home construction. The fastest rising construction markets in the EU this year, according to the organization\u2019s 65th Statistical Report, will be in Slovenia (+10.4%), Spain (+5.4%), Ireland (+7.3%), and the Netherlands (+5.0%).<\/p>\n<p>Germany\u2019s growth in 2022 is predicted to be merely 1.0%, whereas France\u2019s growth will be 3.5%. The UK is not included in the FIEC data. According to the organisation, the 27 EU member states\u2019 combined investment in building amounted to almost \u20ac1.6 trillion for the entire 2021, or 11.1%\u00a0of the GDP of the entire union.<\/p>\n<p>The key construction projects for 2021 are also broken out in the report, with non-residential construction (offices, hospitals, hotels, schools, and industrial buildings) representing 31.3% of all activity. Renovation work made up 27.3% of activity, which is a substantial portion of the European Commission\u2019s objective to reduce carbon emissions.<\/p>\n<p>Civil engineering projects composed 18.0%, while new housing construction accounted for 21.9%. FIEC\u2019s vice president for economic and legal affairs, R\u00fcdiger Otto, introduced the report\u2019s findings and stated that growth in all segments was anticipated, although at a slower rate than in 2021. Otto also cautioned that the supply and price of energy, as well as the ongoing conflict in Ukraine, would undoubtedly have an impact on the industry\u2019s ongoing recovery.<\/p>\n<p>Otto continued that it is vital to remember that the European climate and environmental agenda offers significant prospects for the construction sector, notwithstanding the numerous difficulties the industry is currently facing. The industry, according to him, must seize this opportunity.<\/p>\n<p class=\"itemsource\">This item was originally posted here: <a href=\"https:\/\/www.worldconstructiontoday.com\/news\/2022-will-see-steady-growth-in-european-construction-fiec\/\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener nofollow\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>According to a recent report, total investment in European construction increased by 5.2%\u00a0in 2021, demonstrating its robustness. The European Construction &#8230; <a title=\"2022 Will See Steady Growth In European Construction- FIEC\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/2022-will-see-steady-growth-in-european-construction-fiec\/\" aria-label=\"Read more about 2022 Will See Steady Growth In European Construction- FIEC\">Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":10083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1066,461],"tags":[],"class_list":["post-10082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-posts","category-world-construction-today","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/10082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=10082"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/10082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/10083"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=10082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=10082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=10082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}