Construction investments fell by 0.3 percent year-on-year in 2020, as the Federal Statistical Office ( FSO ) writes in a press release. This is understood to mean the construction expenses without public maintenance work. If these are also factored in, the total construction expenditure will be roughly at the level of the previous year.
Investments in new construction projects have decreased by 0.6 percent year-on-year. In contrast, 0.1 percent more was invested in renovation projects. The federal government, cantons and municipalities invested more in both new construction and renovation projects than in 2019. In 2020, private clients were more cautious.
According to the FSO, a positive development was observed in civil engineering investments. These increased by 3.2 percent in 2020. In contrast, investments in building construction projects decreased by 1.1 percent. While the federal government, cantons and municipalities have invested more in building construction as well as in civil engineering than in the previous year, the amount invested by the private sector only increased in civil engineering.
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