Contractors eye infrastructure projects

The Greek operation manufacture is awaiting the concession of infrastructure projects adding up to 10 cardinal euros successful the adjacent fewer months. The accent will beryllium connected the sectors of road, railway and vigor projects, arsenic well arsenic projects related to telecommunication networks, while the volume of projects that will beryllium implemented done PPPs (public-private partnerships) successful the play 2027-2030 is besides significant. 

In its study connected the prospects and challenges of the operation marketplace successful the coming years, the Foundation for Economic and Industrial Research (IOBE) predicts that renovations and vigor upgrades of the existing “aging” gathering stock could represent different important country of aboriginal maturation for operation companies successful the coming years, owed to the European and nationalist policies that person been implemented for the greenish transition.

In the 2024-2026 play alone, IOBE estimates that successful the broader operation assemblage (public and backstage projects, building) much than €52 cardinal will beryllium leveraged, demonstrating the momentum developed thanks to the Recovery and Resilience Fund, the EU-funded NSRF for 2021-2027, arsenic well arsenic backstage investments (including investments successful housing), and slope financing. 

The total value of signed nationalist works contracts (regardless of fund – including non-technical works) accrued from €2.3 cardinal successful 2018 to €5.3 cardinal successful 2024. The highest total value of works contracts was recorded successful 2023 (€6.2 billion), then declined by 14% successful 2024.

Based connected analyses, it is estimated Greece needs further infrastructure worth €40-50 cardinal to screen the operation concern spread that arose during the economical crisis. Of this amount, astir 37% should beryllium directed to investments successful vigor projects, 31% successful railways, 17% successful roads and highways, and 6% successful waste absorption projects, while the volume of funds for caller nationalist buildings and water resources absorption projects is besides significant.

In 2010-2022, investments successful infrastructure, including transport, vigor and nationalist services, amounted to conscionable 1% of GDP annually, compared to 2% successful the EU, while earlier the situation successful Greece, yearly investments successful infrastructure amounted to 3%. This is simply a discrepancy that has created an yearly concern spread of €1.8 billion.