Construction

Business Opportunities in construction in the EU European UnionOpportunities in construction, jobs, products and raw materials

In the European Union, the construction sector is of great importance. It provides around 18 million direct jobs and amounted to 8.6 % of EU’s total GDP in 2016. At the same time, creating innovative solutions for social, climate and energy challenges we face today. Total 42.9 million workers in Europe depend, directly or indirectly, on the construction sector. Overall, European Union’s internal market provides international partners access to more than 500 million people and approximately 13 trillion Euro in GDP.

Construction, jobs, products and raw materials:
Up to 95% of construction, architecture, and civil engineering firms are micro-enterprises or small and medium-sized enterprise (SMES). Initiatives in EU countries on energy efficiency have a significant potential for job creation and product supply in this sector. Another approach used to create jobs is the promotion of apprenticeships in the construction industry.
Construction and other sectors: As a major consumer of services and intermediate products such as raw materials, chemicals or electrical equipment, construction impacts many other economic sectors.

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