Building permits up 47% in 2017, Cystat says

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Building permits up 47% in 2017, Cystat says
 © BusinessMail 2018
By Stelios Orphanides

Construction output is expected to pick up further as building permits for 2017 show a 47 per cent increase in the construction area of projects that received the go-ahead from local authorities, to 1,542,663 square metres, compared to 2016, the statistical service said.

The value of the projects which received a building permit last year rose 49 per cent, to €1.7bn, Cystat said in a statement on its website on Friday.

The increase in building permits last year was mainly on an 81 per cent rise in the construction area of non-housing...


This article was automatically added to our system 9-3-2018

Building permits up 47% in 2017, Cystat says


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