Uncategorized

Construction boom indicates that the recession might be a thing of the past 999

13. mar 2023 20:02

Newspaper Morgunblaðið reported today that The Federation of Icelandic Industries estimates that the planned construction in the capital area will create 4600 new apartments between 2014-2016, whereas 1800 will be in the Reykjavík area and the rest in Kópavogur town.

Jón Bjarni Gunnarsson, assistant managing director of The Federation of Icelandic Industries, told Morgunblaðið that due to the immense increase in the construction sector, this could mean that foreign labor will be needed.

During the last few years or after the recession, many industry workers have left Iceland and right now there are not enough people to accommodate the increase planned.

Newspaper Morgunblaðið reported today that The Federation of Icelandic Industries estimates that the planned construction in the capital area will create 4600 new apartments between 2014-2016, whereas 1800 will be in the Reykjavík area and the rest in Kópavogur town.

Jón Bjarni Gunnarsson, assistant managing director of The Federation of Icelandic Industries, told Morgunblaðið that due to the immense increase in the construction sector, this could mean that foreign labor will be needed.

During the last few years or after the recession, many industry workers have left Iceland and right now there are not enough people to accommodate the increase planned.