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Minister Udrea promises construction investments over an indefinite period of time

04.03.2010, 21:27 11

The associations of business owners in the construction sector,a market worth 12 billion euros a year, equivalent to 10% of theGDP, say investment projects of the Ministry of RegionalDevelopment and Tourism - building 100,000 homes for young people,25,000 homes in the countryside and rehabilitating 10,000 countyroads are too small and too few to revive the construction market,and that their starting point is uncertain. The Minister of Tourismtold builders their projects would start this year and "wouldextend over an unlimited period."
"I myself am unhappy about how and how much is being built inRomania and we want to do more as far as investments are concerned,that is why I am here, because I want us to build more and better,"Udrea said at the "Mediafax talks about construction" seminarorganised in partnership with the Construction Companies' OwnersAssociation (PSC) and AdePlast.
Unlike other ministers who attend such conferences, Udrea stayedthroughout the entire duration of the seminar and addressed everyissue raised by construction companies. Cement consumption declined27.8% last year, to 7.8 million tonnes, whilst demand forthermal-insulating masonry fell by over 50%.

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