Report title: Czech Republic Construction
from SeeNews - Industry Reports
15 page report published Sep 01, 2008

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The construction output amounted to CZK 232.7 bln in the first half of 2008 and in 2007 it grew by 10.3% on the year to CZK 511 bln, owing to a 9.7% increase in the building construction. The construction industry accounted for 6.17% of the GDP in the first quarter of 2008 and for 5.8% in 2007.

Document ID: IR22
Country: Czech Republic
Industry: Construction
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TitleStarting PageNumber of Pages
Construction of Buildings52
The average house selling price stood at CZK 2.099 mln in the Czech Republic in 2007. In 2007 prices of new dwellings in multi-dwelling houses marked a CZK 18,000 decrease to CZK 1.646 mln compared to 2006.71
The tendency of rising construction costs of new residential buildings continued (interrupted by a stagnation in 2000 and 2001). In 2006 the acquisition value per dwelling in a new family house stood at CZK 2.849 mln, up by over CZK 700,000 compared to 19971
The average price of new residential buildings in December 2006 set by the Czech planning and building control authorities was CZK 20,200 per sq m. The increasing living standards, the demographic factors such as the baby boom in the 1970s and the advantag72
In December 2007 the European Commission approved a EUR 6.8 bln Operational Programme Transport for the Czech Republic, aiming to upgrade the Trans-European Transport Networks (TEN-T) by 2013. In 2007 the European Investment Bank granted CZK 14 bln to the 91
In the period 2008-2013 the Czech Republic plans to invest a total of CZK 802 bln in transport infrastructure projects, of which CZK 564 bln in roads and motorways, CZK 230 bln in railways and CZK 7.3 bln in weirs and locks.101
A total of 7.0% of the GDP is to be allocated for transport infrastructure maintenance by 2013, according to the Czech Ministry of Transport, upgrading 75% of class A roads and 75% of railway lines in the country. Investments in infrastructure projects and101
In 2007 the construction of a 30 km stretch of D3 motorway from Tabor to Bosilec in Southern Bohemia is expected to start. The project, which was won by a UK engineering company, is the first public-private partnership for highway construction in the Czech106

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