Net investment in new construction projects rose 16.8% last year, while net investment in machinery and equipment, including vehicles, increased by 20.6%, the statistical office, INS, said in a statement.
Investments in other sectors grew by 4% combined.
In the fourth quarter alone, net investment was up by an annual 22.1% to 71.8 billion lei. Net investment in new construction works saw a 23.8% annual rise in October-December, while investment in machinery and equipment, including vehicles, increased by 37.1%. However, combined investments in other sectors decreased by an annual 16.4%.
Investment in Romania's economy, breakdown by sector (in billions of lei, y/y pct change in brackets)
2023 | |
Total | 189.346 (+16.6%) |
- New construction works | 114.220 (+16.8%) |
- Equipment (incl.) | 58.560 (+20.6%) |
- Other | 16.565 (+4.0%) |
(1 euro = 4.9671 lei)