The Future of Construction in France to 2015: Infrastructure Investments and UEFA Euro 2016 to Drive Construction
The countryâ€™s centralized and conservative economic practice aside, one of the main factors preventing contraction during the troubled financial times was the stimulus package announced by the government in 2008, which primarily focused on investments. In addition, the government announced tax breaks and credits for investments made in 2009.
With many tax amendments proposed in the countryâ€™s 2011 budget, aimed at reducing public deficit from 8% in 2010 to 6% in 2011, economic conditions in France are anticipated to improve. The French government removed many tax breaks proving costly for the nation, however, the tax breaks considered vital in creating new jobs and increasing employment remained untouched.
Orientation towards austerity measures through reducing public investment in infrastructure and a simultaneous increase in alternative sources of financing, such as pension funds and infrastructure focussed private equity funds are increasingly informing the infrastructure sector. Private investment in the sector is anticipated to further increase over the forecast period.
During the later part of the forecast period, the construction industry in France will be supported by investments in the infrastructure and commercial markets as the country prepares to host the UEFA EURO 2016 European football championships.
â€¢ Inform strategic business decisions with strong historic and forecast market sizing data.
â€¢ Identify the growth opportunities and industry dynamics within five key industry categories: Commercial Construction, Industrial Construction, Infrastructure Construction, Institutional Construction and Residential Construction.
â€¢ Understand the demand-side dynamics affecting the French construction industry.
â€¢ Identify the major companies operating within the French construction industry using the reportâ€™s detailed business descriptions, SWOT analysis, news and key personnel information.
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