The Netherlands has various economic sectors performing well at this point, however the construction industry stands out after the good results registered during the first quarter of the year. Recent reports released by the National Statistics Office (CBS) show a 5.5% increase on a year-to-year basis during the first quarter of 2017. Foreign investors interested in exploring investment opportunities in the construction industry can rely on our Dutch company formation services if they want to open companies here.
The turnover registered by the construction sector during the first quarter of 2017 rose by 5.5% compared to the turnover reached during the same period of the past year, according to the CBS. This has also increased the business confidence in the building industry, which is at the highest level since 2008. Moreover, investors at the beginning of the second quarter of 2017, the business confidence in the Dutch construction sector is the highest among all other industrial sectors.
When discussing results, Dutch companies in the civil construction and utility sector improved their sales by 9.5% during the first months of this year, which was also the 10th consecutive quarter in which these sales have increased. Companies supplying ground, road and waterworks have also registered a 4.1% growth.
Our company registration consultants in the Netherlands can assist investors who want to set up construction companies in this country.
One of the best performing segments of the construction industry at the beginning of 2017 was the civil construction one, as 14.361 new houses were built during the first three months. The increase registered was of 40% compared to the same period of 2016. Moreover, the number of construction licenses issued for the following period of time was of 15.571 for the building of new homes, which marked a 43% increase compared to the first quarter of 2016.
This performance has determined Dutch companies in the construction sector to expect an increase in sales numbers and jobs.
For full information on how to apply for a construction license, please contact our company formation agents in the Netherlands.