Boom of building investments: Saxony-Anhalt reaches record height!

Boom of building investments: Saxony-Anhalt reaches record height!

Sachsen-Anhalt, Deutschland - in 2022 there was a lot of reason to be happy in Saxony-Anhalt, because the investment volume achieved impressive 15.7 billion euros, which marked the highest level since 2000. This means an increase of 0.7 billion euros compared to the previous year, such as compact.media . A significant part of these investments, namely 8.3 billion euros, flowed into new construction projects.

we take a closer look at the details: the building investments in the area of financial, insurance and corporate services are particularly represented with 4.5 billion euros. The property and housing also plays an increasingly important role. Furthermore, 1.8 billion euros flowed into public and other services, as well as in the areas of education and health. The investments in new equipment and other systems, such as machines and vehicles, were 7.4 billion euros.

declines in certain sectors

Despite the positive overall development, there is also light and shadow. The development of the investments shows that Saxony-Anhalt fell behind the dynamics in a nationwide comparison. At the state level, investments in new systems rose by 9.3 %, while declines were recorded in specific sectors:

• trade, traffic and storage, hospitality, information and communication: -11.7 %.
• public services, education and health: -2.7 %.
• Processing business: -10.1 %.

building main industry in focus

The main building industry, however, shows resilient. According to a report by Meetingpoint-magdburg.de This sector by 3.2 % compared to the previous year, but a closer look at the numbers shows encouraging trends. Particularly noteworthy is the 38.7 percent increase in investments in buildings and land. 28.2 million euros were invested in road construction, which corresponds to an increase of 19.4 %, making around 30 % of the total investment volume in the construction industry.

In the Harz district, the highest gross investment in the construction industry was recorded with 15.3 million euros, while Dessau-Roßlau is only 1.6 million euros at the end of the list. In addition, the expansion industry, e.g. building installations, also posted positive developments with an increase of 3.2 %.

The future in view