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Bosnia's Federation building permits fall 18% y/y in Feb

Bosnia's Federation building permits fall 18% y/y in Feb Source: Pixabay

SARAJEVO (Bosnia and Herzegovina), March 25 (SeeNews) – The number of construction permits issued in Bosnia's Federation in February decreased by 18% year-on-year to 240, the entity's statistical office said on Wednesday.

The number of permits issued for residential and non-residential buildings fell 13% on an annual comparison basis in February, whereas the permits for civil engineering projects plunged 33%, the statistical office said in a monthly report.

Out of the total number of permits issued in February, 205 covered new construction projects, 19 were related to upgrades and extensions, while the remainder covered works for reconstruction and conversion of buildings.

Based on the number of permits, planned dwellings numbered 244, down 21% compared to February 2019.

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.