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Cost-of- Construction index was decreased by 0.2% for the second consecutive quarter. According to the data received from the Institute of Statistics, housing construction costs were decreased in the second quarter of 2016, mainly due to transport costs.
The works for which a building permit is not required in the territory of Albania consist of ordinary maintenance works, updating of painting, plaster, doors, replacement of hydro-sanitation equipment or setting up of tents.
Private companies which earn an average of 10 - 15% or much less to big oil or distribution companies would envy the gross profit rate of about 23% in 2015 of Tirana Water Supply Service.
Small and middle Lombardian enterprises, part of the Works Company (Compagnia delle Opere), find the Balkan market to run their investments interesting.
The Government decides to solve the process regarding to the apartments that have remained stocked. The next meeting of the Council of Ministers will approve a new decision which provides for mortgaging of all buildings.