In Montenegro, the construction and sale of nearly 1,000 apartments is planned. Despite the threat to the economy from the coronavirus epidemic, layoffs, a poor tourist season, as well as the closure of small and medium-sized enterprises.
In particular, 120 building permits and work applications were issued in Montenegro, on the basis of which the construction of more than 55 thousand square meters of housing is planned.
“In the first half of the year, 120 building permits and work applications were issued in Montenegro. According to the submitted work applications, the construction of 973 apartments with a total area of 55,865 square meters is planned,” said Balša Rakčević, secretary of the board of the Construction Association at the Chamber of Commerce.
The negative impact of the pandemic on the business of construction companies, as he pointed out, was reflected in the shortage of labor and the difficult import and delivery of construction materials and equipment.
“The implementation of the fourth phase of the Project to meet citizens’ housing needs on favorable terms in the thousand-plus program is also important for the industry,” Rakčević noted.
He also emphasized that the work process at construction sites needs to be adjusted in line with the recommendations of the healthcare system in order to protect health and prevent the spread of coronavirus.
18% fewer employees
Despite ambitious plans in the construction market, coronavirus reduced employment in the sector by 18%.
“Over the ten months of this year, an average of 11,473 workers were employed in the construction sector, which is 18 percent less than in the same period last year,” Rakčević said.
In addition, he said that the planned construction works are continuing, but at a slower pace due to the current epidemic situation.