The construction industry in Bulgaria is expected to grow in real terms by 3.9% in 2025, supported by investments in transport and energy projects, coupled with a rise in the total value of loans awarded for the construction industry, and an increase in net inflow of foreign direct investment (FDI) into the country. According to the National Statistical Institute (NSI), the construction value-add grew by 6% YoY in Q1 2025, preceded by YoY growth of 12.5% in Q4 and 6.4% in Q3 2024.
Over the remainder of the forecast period, the construction industry in Bulgaria is expected to register an annual average growth of 3.7% between 2026 and 2029, supported by private and public investments in transport, renewable energy, and industrial sectors. Growth will also be driven by the government’s ‘’Transport Connectivity Program 2021-2027", which is a major EU-funded initiative with an investment of BGN3.9 billion ($2.2 billion), to improve the country's transport infrastructure.
Over the remainder of the forecast period, the construction industry in Bulgaria is expected to register an annual average growth of 3.7% between 2026 and 2029, supported by private and public investments in transport, renewable energy, and industrial sectors. Growth will also be driven by the government’s ‘’Transport Connectivity Program 2021-2027", which is a major EU-funded initiative with an investment of BGN3.9 billion ($2.2 billion), to improve the country's transport infrastructure.
The Construction in Bulgaria- Key Trends and Opportunities to 2029 (H2 2025) report provides detailed market analysis, information, and insights into the Bulgarian construction industry, including:
- The Bulgarian 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 Bulgarian 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 Bulgaria. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Bulgaria, 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 our 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 business strategies using the analyst'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
