Road works (more or less 20% of all infrastructure output) remain under pressure because many local authorities face budget deficits (see also below Germany’s €500bn fund). Public funding is being directed towards a range of investment and spending priorities, leaving only limited support for road construction.
Telecommunications construction has recorded modest growth in recent years, supported by Germany’s fibre optic rollout and investments in mobile network infrastructure. Germany still has significant catch-up potential compared…
