13.5 C
Tirana
14-10-26
Home Economy

INSTAT: 352 building permits have been approved, reflecting a slight decrease of 0.6%

TIRANA, Aug 29 /ATA/ The number of building permits has remained nearly unchanged during the second quarter of this year. According to INSTAT, a total of 352 building permits for new constructions were approved during this period, marking a slight decrease of 0.6% compared to the second quarter of 2024, when 354 permits were issued.

Construction site area recorded the steepest decline, plunging to 278,389 m²—a sharp 67.0% reduction compared to the 844,137 m² recorded a year earlier.

The value of construction projects reached 18.4 billion ALL, marking a sharp decline of 45.5% compared to 2024, when the figure stood at 33.7 billion ALL.

INSTAT data shows that residential projects lead in volume, with 271 approved permits totaling 119,051 m². Meanwhile, non-residential developments—including hotels, malls, and industrial sites—make up 81 permits but span a larger area of 159,338 m².

The Durrës region leads with 156 building permits and a total construction area of 129,617 m². An increase in the value of construction projects has been recorded in the regions of Durrës, Korçë, and Shkodër.

/sm/

Previous articleCorruption, money laundering and concealment of wealth, SPAK closes investigations into Meta and Kryemadhi
Next articleInvestment Scheme, Denaj: Up to 15 million ALL in grant funding for livestock farmers