The analyst expects the Greek construction industry to expand in real terms by 2% in 2026, supported by rising investments in the transport and energy infrastructure projects. Growth will also be supported by investments in the leisure and hospitality along with retail buildings, amid rising tourism activities in the country. Tourism serves as the foundation of the Greek economy and significantly impacts its overall economic landscape; in 2024, it accounted for approximately 13% of the GDP, as reported by the Greek Tourism Confederation. According to the Bank of Greece, the total number of tourist arrivals in the country rose by 5.6% in 2025, increasing from 36 million tourists in 2024 to 38 million, following an annual growth of 9.8% in 2024.
However, the Greek construction industry is expected to slow down during the short-term, owing to legal uncertainties, high construction costs caused by the ongoing Middle-Eastern conflicts and a sluggish residential construction market. A draft planning law in Greece, introduced by the Ministry of Environment and Energy in April 2026, is facing strong opposition from environmental groups to permit development in Sustainable Natural Resource Management Areas and extend deadlines to legalize unauthorized structures in sensitive zones. While the government views this to unlock "green" capital, the opposition creates a climate of legal uncertainty for developers. Many investors and developers fear that projects approved under this law may face years of litigation in national and European courts, potentially delaying the very construction boom the government intended to foster.
However, the Greek construction industry is expected to slow down during the short-term, owing to legal uncertainties, high construction costs caused by the ongoing Middle-Eastern conflicts and a sluggish residential construction market. A draft planning law in Greece, introduced by the Ministry of Environment and Energy in April 2026, is facing strong opposition from environmental groups to permit development in Sustainable Natural Resource Management Areas and extend deadlines to legalize unauthorized structures in sensitive zones. While the government views this to unlock "green" capital, the opposition creates a climate of legal uncertainty for developers. Many investors and developers fear that projects approved under this law may face years of litigation in national and European courts, potentially delaying the very construction boom the government intended to foster.
The Construction in Greece - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into the Greek construction industry, including:
- The Greek 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 Greek construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Report Scope
This report provides a comprehensive analysis of the construction industry in Greece. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Greece, 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
