Construction in Austria – Key Trends and Opportunities to 2018

Date: 2015-09

The Austrian construction industry recorded a CAGR of 1.41% during the review period. Growth in the construction industry remained subdued during the review period as a result of the economic crisis. Over the forecast period, the outlook for construction is favorable due to increased investment in residential construction and the government’s focus on country’s infrastructure construction. Improving exports and global economic conditions and increased foreign direct investment (FDI) in the country will also help the industry to grow over the forecast period. According to national investment promotion company ABA – Invest in Austria, the total investment volume increased by 15.9% from EUR154.3 million (US$204.6 million) in the first half of 2013 to EUR180.0 million (US$242.8 million) in the first half of 2014. Consequently, the construction industry’s output is expected to record a forecast-period CAGR of 3.17%.

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