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Albania School Building Industry Analysis
Albania is a country located in Southeast Europe. The country is home to a large number of schools, both public and private, serving students at the primary, secondary, and higher education levels.
According to data from the Bank, the construction industry in Albania has been steadily growing in recent years. In 2020, the value of construction put in place in the country was USD 1.4 billion, a significant increase from the USD 1.2 billion in 2019.
The construction of school facilities has likely contributed to this growth. In recent years, the Albanian government has invested in the construction of new schools and the renovation of existing ones as part of its efforts to improve access to education in the country. Private schools have also undergone renovations and expansions to improve facilities and meet the growing demand for education.
Looking ahead, the construction industry in Albania is expected to continue growing, with a projected growth rate of 3.1% in 2021. The construction of school facilities is likely to continue as well, as there is a strong need for improved education facilities in the country.
Overall, the school construction projects scenario in Albania is positive, with a growing construction industry and continued investment in education facilities.
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