N. Macedonia's building permits rise 34% y/y in July

The number of building permits issued in North Macedonia rose by 33.6 percent year-on-year to reach 374 in July, according to the statistical office.

The estimated value of construction projects covered by the building permits issued in July increased by 71.7 percent compared to the previous year, amounting to 7.1 billion denars (USD 127.4 million/EUR 115.4 million).

Of the total number of permits, 207 were for new buildings, 75 were for civil engineering projects, and 92 were for reconstruction projects. Out of the total, 200 permits were issued to private individuals.

During the review period, 808 dwellings were planned for construction, with a total usable floor area of 66,044 sqm.