Croatia's construction permits down 10.7% y/y in September 2012.

By bne IntelliNews November 14, 2012
The number of newly-issued construction permits for building and civil engineering projects in Croatia dropped 10.7% on the year to 748 in September 2012 after increasing an annual 0.4% in the previous month, the statistics office said. Permits issued for the construction of buildings went down by an annual 9% to 634, accounting for 84.8% of total. The number of civil engineering permits dropped by 19.1% on the year to 114. The value of planned construction projects reached HRK 1.34bn (EUR 179.9mn) in September, down by 44% on the year. The planned value of buildings construction dropped by an annual 44.6% to HRK 916.8mn in September, while the planned civil engineering construction value stepped down by 42.9% on the year to HRK 419.9mn. The housing statistics showed a planned construction of 837 housing units. In terms of type of construction works, the number of permits for new constructions stood at 596 and for reconstruction works - at 152. In January-September 2012, the number of newly-issued building permits declined by an annual 12.1% to 6,235, while their planned value went down by 2% on the year to HRK 16bn.

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