37% fall in construction in 2009

The value of public construction orders in the first half of 2009 fell by 37% compared with the last half of 2008. The number of orders has slumped similarly to 1779, a decline of one third. Experts from the engineering and consultancy firm IS, which released the analysis, stated they do not expect the situation to develop for the better in the next period either, saying they anticipate a year-on-year decline in public building orders of 10-15%