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The Czech Republic's construction market is expected to grow by 3.1% in 2023, reaching a value of CZK 1.4 trillion (USD 60 billion). This growth is being driven by infrastructure investment, residential construction, and industrial construction.
The market is expected to be supported by government spending on infrastructure projects, such as the construction of new roads, railways, and airports. Residential construction is also expected to grow, as the population continues to urbanize. Industrial construction is also expected to grow, as businesses invest in new facilities.
The Czech government is a major purchaser of construction products and services. In 2022, the government procured CZK 240 billion (USD 10 billion) worth of construction products and services. This represents approximately 17% of the total value of construction work in the Czech Republic.
The government's procurement of construction products and services is a major driver of demand in the Czech building market. The government is committed to using sustainable construction practices, and is therefore increasingly procuring products and services that are energy-efficient and environmentally friendly.
The main building products and services procured by the Czech Republic:
Precast concrete panels
ceramic bricks
wood-based building materials
insulation materials
windows and doors with high thermal insulation.
Design and build services
project management
construction waste management
BIM (Building Information Modeling) services
prefabrication services.
The top authorities for Czech Republic building procurement are:
Ministry of Industry and Trade (MPO)
Ministry of Transport (MD)
Ministry of the Interior (MV)
Ministry of Finance (MF)
The top winners of Czech Republic building procurement are:
Strabag SE
PORR a.s.
Metrostav a.s.
Skanska a.s.
Hochtief CZ a.s.
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