The Slovenia construction market has demonstrated robust growth, expanding by 15.1% in 2023, driven by strong performances across key quarters. Despite an anticipated contraction in 2024, attributed to factors such as weakened consumer confidence and inflation, the market is poised for recovery. The government's strategic focus on sectors like education, transport, renewable energy, and tourism is expected to stimulate growth. Plans to increase renewable energy usage to 27% by 2030 indicate a significant commitment to sustainable development.
Notable investments include the EUR11 billion ($11.2 billion) JEK2 project for the Krsko nuclear power plant and the EUR250 million ($255.3 million) loan approved by the European Investment Bank (EIB) for the Divaca-Koper second track project. This financing covers 21% of the total investment, estimated at EUR1.10 billion ($1.12 billion), highlighting substantial infrastructure development initiatives.
These efforts set the stage for anticipated annual average growth of 3.2% from 2025 to 2027, underscoring resilience and potential opportunities for stakeholders within Slovenia's construction industry
Source: https://www.globenewswire.com/news-release/2024/03/06/2841591/28124/en/Slovenia-Construction-Market-Trends-and-Forecast-Analysis-2023-2027-7-9-Contraction-Forecast-in-2024-with-Market-Set-to-Rebound-to-Register-Annual-Average-Rate-of-3-2-during-2025-2.html
