ABSTRACT
There is no doubt that construction is a very significant element of economy of every country. Statistical measures, which identify “construction” with on-site value added, underscore the relative importance of the sector and its influence on the overall cost of fixed assets. In fact, in its expanded definition, which would include manufacturing of building products and equipment as well as various services involved in the design, operation and maintenance of buildings and infrastructure, it deeply influences the productive capacity of every country.
