Source: www.propertywisebulgaria.com

The Polish construction sector, which has been enjoying a steady rising number of investment projects, has recorded a marked improvement, a PMR media statement announced on September 30 2010.

And although the construction sector in Poland is still hampered by numerous market barriers, there is a steadily rising number of investment projects. Construction companies are also contributing towards a positive assessment of the market when compared to statistics from just six months ago, the report said. The data was revealed by a study conducted with the management and operating divisions of the 200 largest Polish construction companies, in co-operation with consulting company PMR, for the second half of 2010. The study also provides regional analysis and development forecasts for the period 2010-2013.

"The companies which tend to see more negatives than positives in the current situation are more numerous in the market, but it should be noted that the number of the former decreased in the past six months. The most frequent obstacles, cited by 41 per cent of responding companies, were problems related to legal regulations and difficulties in dealings with officials," the statement said.

"However, in September, respondents were less concerned about the lack of relevant regulations to protect the Polish market against competition from foreign providers of construction services than they were six months ago, while more responses indicated excessive bureaucracy, overly complicated regulations and the lack of understanding of the nature of respondents' business by legislators and officials".

In September 2010, according to the PMR study, the Polish construction sector had a value of 7.8 points, "demonstrating that construction companies were more optimistic in their assessment of the market situation than they had been a year ago, despite adverse market circumstances prevailing in the early months of 2010," the statement said.