Construction companies fear cuts in investments

It indicates that half of the construction market is public. Between January and July 2025, the state budget deficit reached PLN 156.7 billion, and the projected deficit for 2026 is PLN 271.7 billion (6.5% of GDP).

IN By 2025, the cost of servicing Poland's public debt in the state budget is projected to be approximately PLN 75.5 billion , representing approximately 1.9% of GDP. Debt servicing expenditures primarily consist of interest payments to treasury bondholders. Forecasts indicate that public debt reaches approximately 58% of GDP, and debt servicing expenditures are expected to increase in the coming years, reaching approximately PLN 90 billion in 2026.

Poland pays 5.55% for 10-year bonds, while European governments pay between 2% and 4% interest on loans taken out through government bonds. Portugal pays 3.18% for 10-year bonds, Spain 3.30%, Czech 10-year bonds have an interest rate of 4.26%, and Hungary 7.12-7.17%.

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Construction industry representatives are demanding that the government create clear, long-term investment plans. "Planning is the be-all and end-all of the construction sector," Styliński emphasizes.

State Investment Fund

He explains that a decade-long investment strategy is needed, supported by a public investment fund. There is only one fund of this type in Poland, the National Road Fund, which ensures the continuity of financing for GDDKiA's works, regardless of the inflow of EU funds and the election calendar.