The construction sector stands out as an attractive area for investors and plays a strategic role in enhancing a country’s international competitiveness. High interest rates and difficulties in accessing investment financing are among the main factors limiting investments in the sector, creating an atmosphere of concern for planned investments. In the first half of 2024, the acceleration of investments by companies seeking to shield themselves from seasonal effects and rising costs contributed to an increase in employment data. At the same time, the high levels of housing prices in the same period led to housing sales falling below expectations on a monthly basis.

When examining the activities contributing to Gross Domestic Product (GDP) for the second quarter of 2024, based on the chained volume index compared to the previous year:

• Services sector increased by 2.9%
• Financial and insurance activities increased by 3.4%
• Real estate activities increased by 3.7%
• Agricultural activities increased by 3.7%
• Construction activities increased by 6.5%
• Industrial activities decreased by 1.8%.