Wednesday, 22 May 2013

Poland Infrastructure Report Q2 2013

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Poland Infrastructure Report Q2 2013
May 22nd 2013, 00:00

BMI View: The anticipated post-football tournament slump is becoming more prominent in the Polishconstruction sector. A worrying combination of high competition, poorly structured tendering processes,unsustainably low project bids and a frontloaded project pipeline has caused us to highlight the cracks inPoland?s road building sector, as well as downgrade our outlook for construction sector growth in 2013.During the next five years to 2017, we forecast growth in the sector to remain significantly lower than thepreceding five years as growth in the infrastructure sub-segment will remain lacklustre.The widespread gloom in the overall construction sector is further evide...

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