In Poland, it is planned to allocate almost $ 150 billion for about a thousand large-scale projects
The Polish construction market is projected to grow rapidly over the next 5 years. This is since the Polish economy, including its infrastructure now, are experiencing intense innovation, as well as rapidly developing residential sectors of cities. Most of all construction projects that are currently being implemented or are in the planning stage will be territorially implemented in the six most developed and economically important regions of Poland. In general, the above-mentioned projects account for almost 70% of the total construction market in Poland.
From the analysis of the Polish construction market for the next 5 years, conducted by Spectis, we see that the total cost of all investments in large construction projects (of which there are currently almost 1,000) is 150 billion euros. 16 socio-economic regions of the country were analyzed.
To conduct a comprehensive and effective analysis, Spectis specialists analyzed at least 1,000 projects that in one way or another have or will have an impact on the development of the Polish economic sector and its infrastructure. About 60 largest projects were selected in each voivodship. Half of them were construction projects, and the other half were civil engineering projects. The total cost of projects that are already being implemented at this stage is about 30 billion euros, while the planned projects cost 4 times more.
The total cost of all considered projects is about 710 million Polish zlotys, which is approximately equal to 155 million euros per project. At the same time, the average cost of a construction project is about twice less, and the average cost of a civil engineering project is 1.1 million Polish zlotys, which is 245 million euros. Recently, the average cost of building civil engineering projects has increased significantly due to the emergence of several large-scale projects in this area. However, there are also high risks, as this type of project is characterized by frequent delays in implementation for an unknown period. Moreover, some projects are not only delayed, but canceled altogether after money has been allocated to them.
