Construction
A key element in the evolution of the productive network
The construction sector has taken advantage of the great demand for refurbishment and rehabilitation in second-hand properties, the progressive increase in new housing approvals, and the recovery of public investment to stimulate the progress of the provincial productive network.
14,700 employees
6,1% of the total employed population in Castellón (2023)
Change in the sector’s trends
The number of new residential housing approvals continues to rise and heralds a change in the trend. Such a positive dynamic is reinforced by a consistent increase in the number of home mortgages signed.
No. of applications for residential housing visas
- 351 in 2021
- 645 (til November 2023 )
No. of housing mortgages signed
- 5,182 ( 2023)
- 4,716 (2020)
- 9.8% increase
Growth in ancillary industries
Sales in the ancillary industries subsector, such as manufacturers of roof tiles, taps, cement, and concrete, have grown exponentially since 2016, both in the domestic market and abroad.
Construction companies have increased their investment in research and development for sustainable projects that aim to reduce their carbon footprint at a time when the economy is in the process of decarbonisation. The so-called ‘new construction’ sector has already begun the process of reducing the rate at which it generates waste (close to 50% of the total) and transport emissions by using products with high recycling rates and applying technology in proprietary systems involving process automation.
Main Entities
