The Construction in Bulgaria - Key Trends and Opportunities to 2029 (H1 2025) report provides detailed market analysis, information and insights into the Bulgarian construction industry, including:
- The Bulgarian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Bulgarian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Over the remainder of the forecast period, between 2026 and 2029, Bulgaria’s construction industry is expected to record an annual average growth rate of 4%, supported by investments in transport, renewable energy, and industrial sectors. Under the Transport Connectivity Program 2024-2027, the government reported that seven projects worth BGN414 million ($225.1 million) are currently being evaluated as of October 2024. Of the total seven projects, five projects are for the construction of railway and port infrastructure and the other two are for the construction of a railway connection with Plovdiv airport and for the development of the Plovdiv railway junction. In December 2024, the government reported that the construction work of a new Danube bridge near Ruse is expected to start by mid-2026. With an investment of BGN4.6 billion ($2.5 billion), the construction is expected to be completed by 2030. In January 2025, the government revealed that it is planning to develop the telecommunication network with an estimated investment BGN468.8 million ($254.9 million) with the help from the National Recovery and Resilience Plan (NRRP), benefiting over 350,000 Bulgarians by enhancing optical connectivity in 140 municipal centers and connecting at least 700 base stations. The construction industry’s growth will also be supported by the European Union (EU) funding of BGN2.3 billion ($1.2 billion) to support climate transition in the country by 2027. Under this, more than 2,190ha of the area will be rehabilitated to develop industrial areas and construct renewable energy source capacities and help the country to reach the EU 2030 climate and energy targets, which aims to reduce greenhouse gas emissions by 55% compared to 1990 levels, with the climate-neutral economy by 2050.
Scope
This report provides a comprehensive analysis of the construction industry in Bulgaria. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Bulgaria, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
List of Tables
List of Figures
