Serbian construction permits up by 5.1 pct y-o-y in January

BELGRADE – A total 1,604 construction permits were issued in Serbia in January, which was a 5.1 pct increase relative to the same month of last year.

According to figures released by the national statistical office RZS, 83.4 pct of the total permits were issued for buildings, while other structures made up the remaining 16.6 pct.

When it comes to permits for buildings alone, 80.5 pct were issued for residential buildings and 19.5 pct for non-residential buildings, with pipelines and communications and power lines accounting for the majority (83.1 pct) of other structures, the RZS said.

The highest construction activity is expected in the Belgrade District - 53 pct of the planned value of new structures - followed by the South Backa District (8.5 pct) the Srem District (7 pct), the Ras District (4.3 pct) and the West Backa District (4.2 pct).