Construction industry

The construction industry includes a wide range of production activities related to infrastructure projects, building projects and building construction/maintenance as well as other specialized construction activities as well as cultural heritage. The industry’s value chain also includes the extraction of raw materials, the processing of building and other materials and trade.

Strategic choice

In Greece, the construction sector was significantly affected by the economic recession (contraction of GVA of 80.40% for 2008 – 2017 and employment of 50.69%). loss of ~51% of its value added in the period 2007-2017), while internationally oriented companies continued to export a significant part of their production, but faced fierce competition. Today the sector is a strategic sector for the development of the National Economy in the coming years

Dominant trends

Focus on the following areas, which aredominant trends of the construction sector and are expected to play a key role in business survival and development:

A. Environmental Sustainability & Sustainability (GREEN)

Materials technology

Materials and processes for sustainability in industrial and building construction, infrastructure and cultural heritage, Low CO emission materials₂ in the life cycle of constructions, Energy upgrading of buildings, “Green buildings” & Circular Economy

B. Digitization in industry & Prefabrication (SMART – EASY)

Digitalization at the construction processes through technologies such as 3D scanning, IoT, 3D printing, BIM etc. at any point of the building’s lifecycle and automation of the production processes, could lead to innovative, smart and easy-to assemble- constructions.