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The Greek construction industry is a significant sector of the Greek economy, contributing approximately 9% to the country's GDP. In 2022, the market was valued at €11.478 billion. The industry is expected to experience moderate growth in the coming years, with a projected CAGR of 1% from 2024 to 2027. This growth will be driven by factors such as infrastructure investment, tourism development, and increasing demand for residential and commercial properties.
The Greek government is a major procurer of construction products and services. In 2022, the government spent approximately €2.5 billion on construction procurement. The government is committed to sustainable procurement practices and is promoting the use of energy-efficient and environmentally friendly construction products.
The main building products and services procured by the Greece:
Concrete blocks
clay bricks
steel bars
cement
locally sourced stone.
Construction site management
logistics and transportation
labor recruitment
project financing
post-construction maintenance.
Top Authorities for Greece Building Procurement
The Ministry of Infrastructure and Transport (YME) is the lead authority for construction procurement in Greece. Other key authorities include the Ministry of Environment and Energy, the Ministry of Tourism, and the Ministry of Finance.
Top Winners of Greece Building Procurement
The top winners of construction procurement contracts in Greece are a mix of local and international construction companies. The top 10 companies account for over 60% of the total value of procurement contracts. The top winners include Aktor, GEK TERNA, AVAX, Intrakat, and J&P Avax.
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