NEWS
Latvian construction market at junction of major changes
RIGA - The structure of Latvia’s building industry is set to shift from private to public financed projects this year as the housing market continues to cool down, industry experts said. Demand for residential space will fall, according to Ivars Geidans, a top executive at Merks, a Latvian subsidiary of an Estonian construction firm, while orders for state and municipal property development will increase. “If most of the projects in 2007 were residential apartments, in 2008 these could be in ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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