Pnrr and Jubilee drive business for 20 per cent of Lazio construction companies

The National Recovery and Resilience Plan (Pnrr) and preparations for the Jubilee are giving a significant boost to Lazio's construction sector. According to the usual economic survey byFederlazio (an association of small and medium-sized enterprises), carried out with the contribution of the Rome Chamber of Commerce, 20% of the region's construction companies have recorded an increase in business thanks to these projects, with a positive impact on employment and investment.

Of the 200 SMEs that responded to the survey conducted by Federlazio, 40% reported an increase in their activities during 2023 compared to 2022, and 27% experienced a decrease. Consequently, the balance of opinion stood at +13%. Last year this figure was +62%. So while the overall result for the year was still positive, it must be considered, however, that the balance of opinion fell by a good 49 points. Furthermore, it is important to note that the significant growth in turnover is

A comforting fact is that 20% of the companies are reporting a significant increase in their activities thanks to the PNRR projects and the Jubilee works. Then there is a 23% that is starting up the contracts awarded. On the basis of considerations regarding the volume of investments required to complete the PNRR and achieve the energy efficiency targets for buildings, 50% of entrepreneurs believe that private equity funds can also play an important role alongside and in parallel with public investments.

As far as expectations for the coming months are concerned, those oriented towards growth are expressed by 33%, while those predicting a reduction 23%. It should be noted, however, that the gap is widening between the larger realities expressing a positive opinion balance of +50% and the smaller ones a negative one of -6.7%:

Looking at the different market segments in more detail, the balances for public investments (+43.5%), hotel construction (+33.3%) and urban renewal activities (+16%) are positive. The segment of new private building construction remains substantially unchanged, with a balance of -3.8% and more than 65% of companies indicating an expectation of stability. Expectations regarding the renovation and redevelopment of the building stock (-18.5%), industrial construction (-15.8%) and commercial construction (-9.1%) are down.