Portugal construction sector set to grow

Portugal construction sector set to grow The new report “Portugal Construction Market Size, Trends, and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2030 (2026)” forecasts that construction in Portugal will grow by about 2.3% in 2026.  By Tereza Pedro, in News, Business, Property · 08 Apr 2026, 14:03 · 0 Comments Credits: Unsplash; Author: Annie Gray; This growth is mainly due to more building permits being approved, increasing exports, and greater investment in transport and energy projects.According to the Instituto Nacional de Estadística (INE), the number of building permits rose by 3.2% in the first 11 months of 2025 compared to the year before. This comes after an even bigger increase of 8.7% in 2024. At the same time, the government is working to repair transport infrastructure damaged by Storm Kristin in January 2026, which will also help boost the construction sector. In February 2026, the government announced a €2.5 billion support package to rebuild infrastructure and help families and businesses recover.The construction sector will also benefit from the government’s 2026 budget, which was approved in November 2025. The total budget is €140.3 billion, which is 4.5% higher than in 2025. From this, €17.2 billion is for healthcare, €7.5 billion for education, €6.9 billion for infrastructure and housing, and €2.4 billion for environment and energy.The construction industry is exp...