TIRANA, Nov 28 /ATA/ – Albanian authorities have approved and issued a total of 262 building permits in the third quarter of 2020, down from 308 permits issued during same period of the previous year, recording a decline by 14.9%.
Data from the National Institute of Statistics (INSTAT) show that the total construction area of the issued building permits in third quarter was 397.947 square meters down from 690.699 square meters in third quarter of 2019, or down 42.4 %.
Of these, 166 permits were issued for the construction of residential buildings, INSTAT said in its quarterly report.
The estimated value of the approved construction projects in the period under review totalled 19.5 billion lek, compared with 25.8 billion lek in the third quarter of 2019, down by 24.3%.
The highest number of permits, 68, with a total of construction area of around 220.000 square meters, was issued for buildings in the capital Tirana.
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