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Welcome back to this new edition of Construction Business Review !!!
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NOVEMBER 2024CONSTRUCTIONBUSINESSREVIEW.COM 19So, one can visually compare the changes in the last 20 years against the 40-year `achievements' of the communist state. The development of construction has greatly influenced the growth of companies involved in prefabrication. Citing a report by Spectis, the value of concrete prefabrication production has almost quadrupled from 2011 to 2023, reaching over $1 billion per year.Despite the outbreak of war on our eastern border, Spectis experts, in their report `Polish Concrete Products Market 2022-2027', predict further growth. This is linked to plans for the construction of the so-called "CPK," an airport hub in central Poland, near Warsaw. Besides the construction of the airport, a railway system centred around the airport is also planned. The CPK railway investments will encompass almost 2,000 km of new lines set to be completed by the end of 2034. This will require the production of vast quantities of railway sleepers, bridge beams, prefabricated railway maintenance halls, tunnel segments, and more.Apart from prefabricated elements related to railway and road infrastructure, many commercial and residential buildings are being built in Poland using prefabrication. There are several companies that construct prefabricated homes, allowing dream homes to be built in just a few days after the assembly teams arrive on site. At this point, it should be noted that due to cheaper labour compared to richer Western European countries, some production is exported to countries such as Germany, Sweden, Denmark, and even the United Kingdom. Given the increasing affluence of society and the related rise in labour costs, this trend is likely to shift the balance toward increased production for the domestic market. This offers a very optimistic outlook for the industry.
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