Serbian construction permits up by 2.3 pct y-o-y in May

BELGRADE– A total 2,404 construction permits were issued in Serbia in May 2023, which was a 2.3 pct increase relative to the same month of 2022.

According to figures released by the national statistical office RZS, 79.8 pct of the total permits were issued for buildings, while other structures made up the remaining 20.2 pct.

When it comes to permits for buildings alone, 78.7 pct were issued for residential buildings and 21.3 pct for non-residential buildings, with pipelines and communications and power lines accounting for the majority of other structures - 71.5 pct, the RZS said.

The highest construction activity is expected in the Belgrade district - 32.6 pct of the planned value of new structures - and the South Backa, the Zlatibor and the Nisava districts follow with 11.6 pct, 8.7 pct and 5.1 pct, respectively.