New Report Available: Latvia Infrastructure Report 2014
Although economic fundamentals in Latvia remain fairly supportive, we see only modest opportunities for growth in the country's construction sector. We anticipate industry growth to slow over the forecast period, with average year-on-year (y-o-y) growth of 4.8% expected between 2014 and 2023. The residential and non-residential construction sector will gradually regain its dominance in the overall industry at the expense on the infrastructure sub-segment, which will struggle with limited funding.
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