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					        A                                   B                                                    C                                                        D
1               Total amount of the national recovery plan         Total amount for the construction sector                    legislative measures
2 AUSTRIA

                about 4 Bn. €
                '- national plan of 2 Bn. €
     BELGIUM
                '- plan of 842 Mn. € announced by Flemish region
                '- plan of 1,5 Bn. € announced by Wallon region
3
4 BULGARIA
5 CROATIA
                                                                   40 Mn. € earmarked
                                                                   + full implementation of the state's 2009 development
     CYPRUS                                                        budget (about 1,2 Bn. €)
                                                                   + extra money for municipalities to ensure they can carry
6                                                                  our planed projects
     CZECH
     REPUBLIC
 7
 8 DENMARK
 9 ESTONIA
10 FINLAND




                                                                                                                               ongoing revision of the public procurement law (Code
                                                                   30 Bn. € (26 Bn. € from the state + 4 Bn. € from large
     France                                                                                                                    des Marchés Publics)
                                                                   public companies)
                                                                                                                               announced simplification of procedures




11




                                                                   1st recovery plan: ?
     GERMANY
                                                                   2nd recovery plan: 18 Bn. €




12
             A                                   B                                                    C                                                           D
1                    Total amount of the national recovery plan          Total amount for the construction sector                    legislative measures
                                                                         Priority (with 3.3 Bn. € allocated) is given to social
                                                                         housing, education and health infrastructure, energy
                                                                         efficiency of buildings and improvement of highways
     GREAT BRITAIN   Forward spending of foreseen budget for 2008-2011   capacity
                                                                         - A package of measures aimed at helping small
                                                                         businesses including a £1bn temporary small business
13                                                                       finance scheme
14 GREECE
                                                                                                                                     definition of a fixed work price to eliminate abnormally
                                                                                                                                     low tenders
     HUNGARY                                                             7 Bn. € (85% from EU funds and 15% from state budget        set up of a qualification system for contractors
                                                                                                                                     proposal to sign contracts of guarantee with sub-
15                                                                                                                                   contractors




     IRELAND




16



                                                                         - Reallocation for the next 3 years of already attributed
                                                                         40 Bn. € European funds → amongst others, for
                                                                                                                                     Acceleration/simplification of public procurement
     ITALY           80 Bn. €                                            infrastructure
                                                                                                                                     procedures → targeted to large scale public works
                                                                         '- Reallocation of already voted 16.6 Bn. € for
                                                                         infrastructure


17
                                                                         Possible temporary increase of public investments:
                                                                         plans made by the new government are however very
     LITHUANIA                                                           similar to the previous year → renovation area only is
                                                                         planned to benefit from much more financing… if this
18                                                                       financing is found
19   Luxembourg
20   NETHERLANDS
21   NORWAY
22   Portugal


     ROMANIA
23
24 SLOVAKIA
25 SLOVENIA
            A                                  B                                                            C                                                     D
1                 Total amount of the national recovery plan                   Total amount for the construction sector                    legislative measures




    SPAIN




26
27 SWEDEN
                  1st phase (November-December 2008) – 590 million €
                  2nd phase (February 2009) – 465 million €
                                                                               225 million € credits → amongst others, for housing,
                  - Government’s efforts mainly focused on the
                                                                               transport, protection against natural hazards
                  stabilization of the vital financial sector
                                                                               - Renewal of direct state aid for construction in 2009,
    SWITZERLAND   - Expansive monetary policy to ensure the liquidity in the
                                                                               with a 30 million € lever which should generate 265
                  interbanking market implemented by the Swiss National
                                                                               million € of investments → targeted to energetic retrofit
                  Bank
                                                                               of houses
                  - Guaranteed amount on banking accounts risen to 100
28                000 CHF
29 TURKEY
        A                                    E                                                             F                                                              G
1               fiscal measures                                               infrastructure                                                 building (non-residential)
2 AUSTRIA
                In 2009: reduced VAT rates from 21% to 6% for new
                construction works up to a value of 50 000 €; VAT rate        acceleration of large infrastructure works: Infrabel rail
                for demolition/reconstruction of dwellings; reduced rate      projects, prisons, education infrastructure
     BELGIUM    from 12% to 6% for construction of social housing;            + 600 Mn. € for renovation of regional road network and
                increase of fiscal deductions, etc.                           urban infrastructure, namely through PPP projects
                + increase of existing fiscal incentives for investments in   (Wallon plan)
3               energy efficiency
4 BULGARIA
5 CROATIA

                                                                              new large projects
     CYPRUS
                                                                              + simplification of procedures to accelerate projects' start
6
                                                                              repair of bridges and roads, industrial building, water
     CZECH
                                                                              management, hospitals, nursery schools, freeways, PPP
     REPUBLIC
 7                                                                            projects…
 8 DENMARK
 9 ESTONIA
10 FINLAND

                                                                              400 Mn. € for maintenance of roads and acceleration of
                                                                              roads itineraries modernisation programmes
                                                                              250 Mn. € for railways (renovation, modernisation and
                                                                              maintenance)
                                                                              State guarantee up to 10 Bn. € for companies carrying
                                                                              out large infrastructure projects and contribution up to 8
                                                                              Bn. € from saving funds (Livret A, Livret de
                                                                              développement durable)
                anticipated reimbursement of state fiscal debts (VAT,
                                                                              accelerated launch of large infrastructure projects:
                fiscal deductions, etc.)
                                                                              highway A63, A150, A355, railways Bretagne-Pays de la
     France     complementary credit insurance for companies which
                                                                              Loire and East
                suscribed a credit insurance against client's non
                                                                              200 Mn. € for nurseries, old people's homes and
                payment's risk
                                                                              psychatric asylum
                                                                              170 Mn. € for modernisation and renovation of
                                                                              universities
                                                                              260 Mn. € for a special campus programme
                                                                              650 Mn. € for the renovation of state buildings
                                                                              300 Mn. € from SNCF for the renovation of railstations
                                                                              600 Mn. € from La Poste for the energetic renovation of
                                                                              its buildings
11
                                                                              - acceleration of investment (with a total of 3 Bn. €) to
                                                                              improve and renovate transport infrastructure (road, rail,
                                                                              inland waterways, acoustic walls…) → with a preference
                                                                              for PPP schemes
                                                                              '- Record budget of 11.2 Bn. € for the Transport Minister
                doubling of deduction possibilities for houses'
                                                                              (investments planned for 44 new roads, 13 railway
     GERMANY    maintenance and modernisation works (up to 1200
                                                                              projects, renovation of small railway stations, parkings
                €/year)
                                                                              for trucks on highways…)
                                                                              '- Increase of 3 Bn. € of aid programmes for poor
                                                                              municipalities
                                                                              '- Total of 6.7 Bn. € for the renovation of public education
12                                                                            infrastructure
             A                                   E                                                          F                                                            G
1                    fiscal measures                                          infrastructure                                                building (non-residential)


                                                                              Anticipated start (2009 instead of 2011) of large
                     Decrease of the VAT rate from 17.5% to 15% during 13
     GREAT BRITAIN                                                            infrastructure projects and public equipments (up to 1.2
                     months to quickly relaunch consumption
                                                                              Bn. €), such as Crossrail (London subway) and JO 2012

13
14 GREECE
                                                                              acceleration of call for projects procedures where EU
                                                                              funds are involved
                     future legislative proposal to decrease VAT on
     HUNGARY                                                                  reconstruction of 267 schools and 24 dispensaries
                     construction from 20% to 5%
                                                                              construction of 400 km railways, 350 km roads
15                                                                            renovation of 80 urban areas/zones
                                                                              Transport infrastructure (in the framework of the 2006
                                                                              « Transport 21 » programme: construction of interurban
                                                                              highways linking Dublin with Galway, Waterford, Cork,
                                                                              Limerick and Belfast (until 2010); improvement of the
                                                                              capacity of the Waterford-Letterkenny highway (until
                                                                              2015)
                                                                              '- Increase of public transport capacity
     IRELAND
                                                                              '- 2 Bn. € to be invested in the Dublin airport
                                                                              '- 300 to 600 Mn. € to be invested in ports until 2013
                                                                              '- 561 Mn. € for water infrastructure
                                                                              '- 4 Bn. E to be invested by EirGrid (national electricity
                                                                              network) in energetic interconnections
                                                                              '- 850 Mn. € for education infrastructure
16                                                                            '- 148 Mn. € for sport and leisure equipements
                                                                              Increase of road infrastructure charging in order to
                                                                              invest 10 Bn.€ more in infrastructure
                                                                              - Derogations from the “internal pact of stability” for the
                                                                              local authorities to invest in infrastructure → e.g.
                     - Fiscal deduction of 55% of works price for energetic   investments in big infrastructure such as the Roma
     ITALY
                     retrofit in private housing                              subway;
                                                                              - Measures by ANAS? 730 million € to be invested in
                                                                              2009 in maintenance works?

17


     LITHUANIA

18
19   Luxembourg
20   NETHERLANDS
21   NORWAY
22   Portugal
                                                                              In 2009 budget, 10 Bn. € to be invested in infrastructure
                                                                              projects: construction and renovation of roads,
     ROMANIA
                                                                              environmental protection projects, education and health
23                                                                            infrastructure modernisation
24 SLOVAKIA
25 SLOVENIA
            A                                  E                                                         F                                                          G
1                 fiscal measures                                           infrastructure                                             building (non-residential)


                                                                            Acceleration of infrastructure planning, tenders and
                                                                            beginning of works
                                                                            - 8 Bn. € for municipalities to launch public works, under
                                                                            the conditions that: the undertaken works can start very
                                                                            quickly, the works are new projects not already planned
                  Creation of Real Estate Investment Trusts with a
                                                                            in the 2009 budget, and companies hire unemployed            Improvement of urban environment, with guidance to
    SPAIN         favorable tax regime and whose main object is to invest
                                                                            people for these works (goal: create 200 000 new jobs) reduce CO2 emissions
                  in property for rental purposes
                                                                            - Complemented by 3 Bn. € from the Spanish Federation
                                                                            of Cities and Provinces, which will give the priority to the
                                                                            construction of schools and business infrastructure
                                                                            - 400 Mn. € for modernization of military bases and
                                                                            infrastructure
26
27 SWEDEN




                                                                            168 million € for rail infrastructure
    SWITZERLAND   365 million € for fiscal burden reduction                 - 93 million € for road infrastructure → acceleration of
                                                                            Härkingen-Wiggertal and Blegi-Rütihof projects



28
29 TURKEY
        A                                    H                                           I                              J
1               housing (residential)                                       renovation       employement
2 AUSTRIA



     BELGIUM    30 Mn. € for energy efficiency works (Wallon plan)


3
4 BULGARIA
5 CROATIA


     CYPRUS     strengthening of government housing projects

6
                new flats, residential housing, administrative buildings,
     CZECH
                repair of slab-shaped residential buildings, including
     REPUBLIC
 7              thermal insulation
 8 DENMARK
 9 ESTONIA
10 FINLAND




                construction programme of 70 000 dwellings over 2
                years
                doubling of zero rate credit in 2009 to buy new dwellings
                200 Mn. € new credits for the urban renovation
                                                                                             In 2009: decrease of employers' charges when hiring
     France     programme
                                                                                             new workers in SMEs of less than 10 people
                extention of the "PASS-FONCIER"
                100 Mn. € for low-income households to support energy
                efficiency works
                100 Mn. € to support the fight against precarious housing




11




                increased spending of 3 Bn. € between 2009 and 2011
                to support thermic insulation improvement in housing
     GERMANY
                (and namely 400 Mn. € for thermic insulation/renovation
                of large housing buildings)



12
             A                                    H                                                         I                                          J
1                    housing (residential)                                     renovation                                                employement


                     177 Mn. € dedicated to insulation works in 60 000
     GREAT BRITAIN   dwellings
                     - 23 Mn. € dedicated to anti-flooding works in housing

13
14 GREECE

                     specific housing fund to overtake buildings from
     HUNGARY         insolvent owners
                     construction of numerous social residential buildings
15




                     1.3 Bn. € to be invested in 2009 in social housing
                     '- 30 Mn. € in 2009 to finance insulation of 25 000
     IRELAND
                     dwellings




16




     ITALY




17

                                                                               Priorities for future development projects in for 2009-
     LITHUANIA                                                                 2010: in environmental, infrastructure, major housing
                                                                               and public building renovation areas
18
19   Luxembourg
20   NETHERLANDS
21   NORWAY
22   Portugal
                     850 Mn. € in 2009 allocated to large housing insulation
     ROMANIA         programme and large social housing construction
                     programme
23
24 SLOVAKIA
25 SLOVENIA
            A                                  H                                            I                 J
1                 housing (residential)                                        renovation       employement
                  New credit line of 3 Bn. € to help property developers
                  and promote rentals
                  - Extension of housing rehabilitation policies
                  - Increase from 1 to 3 Bn. €, through ICO (Official Credit
                  Institute), of State guarantees for securitizing loans to
                  SMEs in order to promote rentals
                  - Increase from 3 to 5 Bn. € of ICO guarantee lines for
    SPAIN         securitization of mortgage loans to buy social dwelling
                  homes
                  - 120 Mn. € for rehabilitation of housing
                  - Supplementary 2 Bn. € to support housing and
                  renovation sectors through the “Housing Plan
                  2005/2008”
                  - Construction of 15 000 to 20 000 social dwellings for
26                an amount of 2.5 Bn. €
27 SWEDEN




    SWITZERLAND




28
29 TURKEY

				
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