Tag: Bauinvestitionen

  • Construction investment increased slightly in 2023

    Construction investment increased slightly in 2023

    Construction investment in Switzerland rose by 0.2 per cent in nominal terms in 2023 compared to the previous year. According to a press release, investments in building construction fell by 0.3 per cent and those in civil engineering increased by 2.7 per cent. Compared to the previous year, 2.5 per cent less was invested in new construction projects and 4.4 per cent more in renovation projects. These are the provisional results of the construction statistics from the Federal Statistical Office(FSO).

    Total construction expenditure, i.e. construction investment plus public maintenance expenditure, increased by 0.3 per cent in 2023, although a price-adjusted decline of 2.5 per cent was recorded.

    Public clients – the federal government, cantons and municipalities – increased investment in civil engineering by 3.9% and in building construction by 8.5%. By contrast, private clients spent less on civil engineering (-2.3%) and building construction (-1.9%) in 2023.

    A decline of 2.5 per cent was recorded for investment in new construction. Private clients spent 4.8 per cent less on new construction projects. In contrast, investment in conversions increased by 4.4 per cent.

    In addition to private renovation activity, which increased by 3.9 per cent, the public sector also invested more in new buildings (6.9 per cent) and renovations (5.2 per cent) compared to the previous year, according to the FSO press release.

  • Private conversion projects boost construction investments in 2022

    Private conversion projects boost construction investments in 2022

    Total construction expenditure is made up of construction investments and public maintenance work. They increased by 1.5% in 2022. However, since construction prices have risen sharply, this results in a real minus of 5.9%. Construction investments showed a nominal increase of 1.8% year-on-year. On the other hand, expenditure on public maintenance work recorded a decline of 1.4% compared to the previous year.

    Private clients invested heavily in conversion projects
    Investments in new buildings (+0.3%) and conversions (+4.2%) increased in 2022 compared to the previous year. This positive result is due to private clients, who invested significantly more in conversions (+7.2%). In the same period they also spent more on new construction projects (+0.3%). The public clients – i.e. the Confederation, cantons and municipalities – increased their investments in new buildings within the year (+0.3%). On the other hand, they spent less on renovation projects (-0.1%).

    Positive development of building construction investments
    Switzerland-wide, more was invested in building construction (+2.3%) compared to 2021. Both private clients (+2.4%) and the public sector (+1.3%) contributed to this positive result. In contrast, investments in civil engineering (-0.1%) declined within a year. Public clients spent less on infrastructure construction (-0.9%). Private clients, on the other hand, invested more in civil engineering (+3.2%).

    Outlook for 2023
    The work in progress (expenditure) for the following year 2023 for construction projects under construction (incl. public maintenance work) increased by 1.6% as of the reporting date 31.12.2022 compared to the previous year’s reporting date.

    Source: bfs.admin.ch

  • Construction investments are falling slightly

    Construction investments are falling slightly

    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.