The publisher expects the Portuguese construction industry to grow by 4% this year and register an annual average growth of 1.9% between 2022-2025, supported by the government’s focus on developing the country’s infrastructure. Growth in 2021 will mainly be driven by the public and private sector investments in both building and civil engineering works. The Portuguese construction industry grew by 3.2% year on year (YoY) in the second quarter of 2021, preceded by Y-o-Y growth of 5.1% in Q1 2021 and 4.3% in Q4 2020, according to the data released by Instituto Nacional de Estatística (INE).
In October 2020, the government approved the 2030 National Investment Program (PNI), under which it intends to spend EUR43 billion (US$48.1 billion) to develop the country’s transport and energy infrastructure by 2030. The government plans to spend EUR21.7 billion (US$23.9 billion) on transport projects and EUR13 billion (US$14.3 billion) to develop the country’s energy infrastructure, which is largely focused on hydrogen production. The government has already announced that it will commence the production of green hydrogen by the end of 2022, and that it has made a private investment worth EUR10 billion (US$12 billion). Moreover, in February 2021, Bondalti Chemicals, a local firm in Estarreja in north Portugal, announced an investment of EUR2.4 billion (US$2.8 billion) in a hydrogen plant.
Moreover, the government is set to receive EUR13.9 billion (US$161.3 billion) in grants and EUR2.7 billion (US$3.1 billion) in loans in total under the EU Recovery and Resilience Facility (RRF), which is part of the NextGenerationEU plan. In June 2021, the European Council approved the plan for the disbursement of EUR2.2 billion (US$2.6 billion) to Portugal in pre-financing, which represents 13% of the total allocated amount for Portugal.
The publisher’s Construction in Portugal - Key Trends and Opportunities to 2025 (H2 2021) report provides detailed market analysis, information, and insights into the Portuguese construction industry, including -
In October 2020, the government approved the 2030 National Investment Program (PNI), under which it intends to spend EUR43 billion (US$48.1 billion) to develop the country’s transport and energy infrastructure by 2030. The government plans to spend EUR21.7 billion (US$23.9 billion) on transport projects and EUR13 billion (US$14.3 billion) to develop the country’s energy infrastructure, which is largely focused on hydrogen production. The government has already announced that it will commence the production of green hydrogen by the end of 2022, and that it has made a private investment worth EUR10 billion (US$12 billion). Moreover, in February 2021, Bondalti Chemicals, a local firm in Estarreja in north Portugal, announced an investment of EUR2.4 billion (US$2.8 billion) in a hydrogen plant.
Moreover, the government is set to receive EUR13.9 billion (US$161.3 billion) in grants and EUR2.7 billion (US$3.1 billion) in loans in total under the EU Recovery and Resilience Facility (RRF), which is part of the NextGenerationEU plan. In June 2021, the European Council approved the plan for the disbursement of EUR2.2 billion (US$2.6 billion) to Portugal in pre-financing, which represents 13% of the total allocated amount for Portugal.
The publisher’s Construction in Portugal - Key Trends and Opportunities to 2025 (H2 2021) report provides detailed market analysis, information, and insights into the Portuguese construction industry, including -
- The Portuguese 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 Portuguese construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Portugal. It provides -- Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Portugal, 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
Reasons to Buy
- Identify and evaluate market opportunities using The publisher's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using The publisher's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
