Bulgarian construction sector would grow by an annual 12 to 15 per cent over the next four or five years. Sofia attracted about half of Bulgaria’s foreign direct investment (FDI) and generated 30 per cent of its gross domestic product (GDP).

Bulgaria’s building sector accounted for seven per cent of the country’s GDP in 2006, with 4 000 operational companies on the market. In recent yeras, the market has seen a 12-15 per cent constant growth in the volumes of construction works. The trend will remain unchanged over the next 4-5 years, according to the forecasts of Bulgarian Construction Chamber.

FDI in construction sector amounted to 508.3 million euro in 2007, registering 10 per cent increase on 2006’s figure of 466.6 million euro.