TIRANA, Aug 30 /ATA/ The construction sector which is supported by the Reconstruction program has gained momentum becoming one of the main contributors to the country’s economic growth, employment and improvement of livelihoods by enabling modern urban infrastructure up to the standards.
According to INSTAT data published on Monday, in the second quarter of 2021, a total of 347 construction permits were approved for new buildings, from 209 permits approved in the second quarter of 2020, marking an increase of 66.0 %.
The area of construction permits approved for new buildings, in the second quarter 2021, is 544,127 m 2, from 322,294 m 2 approved in the second quarter 2020, marking an increase of 68.8%.
In the second quarter of 2021, the approximate value of construction permits approved for buildings and engineering works is ALL 23.1 billion, from ALL 14.8 billion approved in the second quarter of 2020, marking an increase of 55.8%.
The construction sector and businesses related to this industry, along with agriculture, were not affected by the COVID-19 pandemic, thus becoming the main deterrents to the economic downturn for that period. /a.a/sm/
