New Market Study, "Construction in Croatia - Key Trends and Opportunities to 2018", Has Been Published
The Croatian construction industry registered a compound annual growth rate (CAGR) of -9.64% during the review period (2009-2013). This was driven by a contraction in institutional and industrial construction, primarily due to a reduction in investor confidence following the European debt crisis. The industry is expected to improve slowly over the forecast period (2014-2018), supported by a general recovery in the economy and business confidence. The industry is anticipated to record a forecast-period CAGR of 3.41%.
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