Construction Industry
Building on Solid Ground
Industry Overview
The construction sector in Germany is one of the country's most stable economic sectors. The industry provides jobs to more than 2.2 million people. Even though the German building sector has also been affected by the recent global economic downturn, its market share in Europe is expected to stay steady at 22%.
The building trades have a long tradition and at the same time play an important role in developing innovative services. This is one of the reasons why Germany is among the world's leading exporters of construction and planning services.
The industry is closely related to the building material and machine manufacturer sectors. All three industries combined employ around 4.5 million people, making the construction and related sectors the largest employer in Germany. In March 2009, professional and industrial organizations, trade unions and government institutions agreed on guiding principles for the future development of the German construction industry.
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