TIRANA, April 10 /ATA/ – Construction Confidence Indicator (CCI) increased by 8.0 percentage points during the first quarter, according to the Bank of Albania’s quarterly Business and Consumer Survey.
Central bank said that the increase of CCI was mainly driven by the growth in the balance of construction activity by 15.2 percentage points and the order books slightly increased by 0.8 percentage points.
Among the other balances of the survey, the financial situation, employment, and expectations over the next quarter, also increased.
The construction sector is an important factor in the country’s economy.
Last year, the post-earthquake Reconstruction program added to this sector, the largest ever to be launched in Albania involving as many as 175 small, medium and large companies.
The post-earthquake reconstruction has also created a significant number of jobs.
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