Constructors expect investments, incentives to revitalize the sector
Attractive conditions for investment and a better business climate are two key preconditions to reviving the construction sector, stated Pavel Caba, the president of the Federation of Constructors and Road Workers, at the constructors' annual assembly on Tuesday, Info-Prim Neo reports.
Caba said the sector saw a decline in recent months as investment in fixed capital in January through September 2009 constituted 5.5 billion lei, or a mere 58 percent from the figure registered in the similar period last year.
Enumerating the problems faced by the constructors, Caba mentioned the excessively bureaucratized procedures involved in obtaining authorizations for constructions; imperfect laws on VAT imposition requiring constructors to pay VAT at an early stage; excessive interference of the fiscal authorities, which results in accounts being arrested on every trivial occasion.
Pavel Caba also asked the government to identify foreign inexpensive and long-term lending facilities in order to revive the mortgage-based construction business.
Attending the assembly, prime-minister Vlad Filat said the government was working in the direction of finding cheaper loans for the construction sector. Partly, the problem may be solved with the “Chinese loan”, which is being negotiated. Also, the government is working to remove barriers from business activities, including from the construction sector.
Another solution, the prime-minister suggested, would be if the government bought some unfinished constructions.