Analytics, Construction, Good for Business, Investments, Lithuania, Real Estate

In 2014, investment in tangible fixed assets within the territory of the country amounted to EUR 5.1 billion and, compared to 2013, grew by 5.6%. The major part of investment (56.2%) was made in the construction of buildings and civil engineering structures; such investment, compared to 2013, increased by 6.9%. Investment in machinery, equipment and vehicles made up 36.6% of total investment and, compared to 2013, grew by 1.6%. Investment in construction and acquisition of residential buildings amounted EUR 690.9 million, which is by 17.7% more than in 2013.

Investment in tangible fixed assets, EUR billion

In 2014, the volume of construction work carried out within the country amounted to EUR 2 522.5 million; against 2013, it increased by 16.7% at constant prices. The volume of construction work carried out abroad amounted to EUR 168.3 million; against 2013, it increased by 12.4% at constant prices. In 2014, the share of construction of civil engineering structures accounted for 49.8% of the total construction work carried out within the country (EUR 1 257.4 million) and, against 2013, increased by 10.4% at constant prices; a third thereof was comprised of road and street construction and repair.

In 2014, 5 526 buildings were completed, of which 4 456 – residential buildings. In 2014, 7 859 permits were issued for the construction of residential and non-residential buildings. 5 945 permits, or 75.6% of all permits, were those for the construction of residential buildings (by 9.5% less than in 2013).

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