Copyright 2024 - Ningbo Life / Ningbo Expat

Ningbo has a good situation for construction industry

According to Ningbo Housing Construction Committee, in the first quarter of this year, Ningbo has had a good start for the construction industry. the gross output of the constructions reaches 37.67 billion yuan, ranking the 3rd in Zhejiang. The year-on-year growth reaches 35.2%, 20 points higher that the average of Zhejiang, ranking the 1st in Zhejiang.

Statistics show that the contracts signed in the first quarter this year value some 249.09 billion yuan, 55.1 billion yuan more than the previous year, with the year-on-year growth reaching 28.4%. The coverage area totals 13,739 square meters, with the year-on-year growth reaching 30.4%. The construction projects that Ningbo undertakes in other provinces value 11.37 billion yuan, 3.24 billion yuan more than the previous year, increased by 39.9% above the same period of the previous year.

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