Serbian construction permits up by 20.7 pct y-o-y in November 2023

BELGRADE - A total 3,357 construction permits were issued in Serbia in November 2023, which was a 20.7 pct increase relative to the same month of 2022.

According to figures released by the national statistical office RZS, 84.2 pct of the total permits were issued for buildings, while other structures made up the remaining 15.8 pct.

When it comes to permits for buildings alone, 87.1 pct were issued for residential buildings and 12.9 pct for non-residential buildings, with pipelines and communications and power lines accounting for the majority (64.7 pct) of other structures, the RZS said.

The highest construction activity is expected in the Belgrade district - 40 pct of the planned value of new structures - and the Branicevo, the South Backa, the Raska and the West Backa districts follow with 19.7 pct, 8.1 pct, 4.7 pct and 3 pct, respectively.