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Brussels, |
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Constructions
European construction sector observatory
The observatory regularly analyses and carries out comparative assessments on the construction sector in 27 EU countries and the UK, to provide policymakers and stakeholders with up-to-date information on market conditions and policy developments.
The European Construction Sector Observatory (ECSO) is a pivotal initiative under the COSME program, dedicated to providing comprehensive analysis and comparative assessments of the construction sector across all 27 EU countries and the UK. Its core mission is to keep European policymakers and stakeholders informed about market conditions and policy evolutions within the sector.
Significant in the EU economy, the construction sector contributes approximately 9% to the EU's GDP and encompasses 18 million direct jobs and 3 million enterprises. It plays a vital role in achieving key EU policy objectives. This significance was recognized in July 2012 when the Commission adopted the 'Construction 2020' communication and action plan. The plan seeks to synergize initiatives at various levels - EU, national, and industry - to stimulate investment, enhance human capital, improve resource efficiency and environmental performance, strengthen the internal market, and enhance the global competitive stance of EU construction enterprises.
Construction 2020 also emphasizes renovating buildings, particularly for energy efficiency, and developing and maintaining infrastructure. It addresses workforce challenges like skill shortages, sector attractiveness to youth, and workforce aging. Measures for improving the internal market functioning, particularly through administrative simplification and regulatory coherence, are also proposed. Moreover, the plan supports construction SMEs in internationalizing and the EU construction sector in global trade negotiations.
The European Construction Sector Observatory serves as a vital repository of information on market trends, industry developments, and policy impacts, offering analytical support in line with Construction 2020 themes. It facilitates mutual learning and exchange of best practices among EU countries and stakeholders, focusing on policy measure definition, implementation, monitoring, and impact assessment on construction enterprise competitiveness and sustainable development goals.
The Observatory's objectives include monitoring market conditions and trends, promoting knowledge sharing and good practice replication, and raising awareness of policy measures affecting the construction value chain. As a complementary tool to existing instruments like EUROSTAT, AMECO, and others, the Observatory enhances understanding and strategic decision-making in the EU construction sector.
The European Construction Sector Observatory (ECSO) is a pivotal initiative under the COSME program, dedicated to providing comprehensive analysis and comparative assessments of the construction sector across all 27 EU countries and the UK. Its core mission is to keep European policymakers and stakeholders informed about market conditions and policy evolutions within the sector.
Significant in the EU economy, the construction sector contributes approximately 9% to the EU's GDP and encompasses 18 million direct jobs and 3 million enterprises. It plays a vital role in achieving key EU policy objectives. This significance was recognized in July 2012 when the Commission adopted the 'Construction 2020' communication and action plan. The plan seeks to synergize initiatives at various levels - EU, national, and industry - to stimulate investment, enhance human capital, improve resource efficiency and environmental performance, strengthen the internal market, and enhance the global competitive stance of EU construction enterprises.
Construction 2020 also emphasizes renovating buildings, particularly for energy efficiency, and developing and maintaining infrastructure. It addresses workforce challenges like skill shortages, sector attractiveness to youth, and workforce aging. Measures for improving the internal market functioning, particularly through administrative simplification and regulatory coherence, are also proposed. Moreover, the plan supports construction SMEs in internationalizing and the EU construction sector in global trade negotiations.
The European Construction Sector Observatory serves as a vital repository of information on market trends, industry developments, and policy impacts, offering analytical support in line with Construction 2020 themes. It facilitates mutual learning and exchange of best practices among EU countries and stakeholders, focusing on policy measure definition, implementation, monitoring, and impact assessment on construction enterprise competitiveness and sustainable development goals.
The Observatory's objectives include monitoring market conditions and trends, promoting knowledge sharing and good practice replication, and raising awareness of policy measures affecting the construction value chain. As a complementary tool to existing instruments like EUROSTAT, AMECO, and others, the Observatory enhances understanding and strategic decision-making in the EU construction sector.
