Investment activity in industry shrank by 8.7% in 2020 as compared to the previous year, indicates a survey conducted by the National Statistical Institute. In 2021, investments in industry are expected to decrease by 15.5% due to the negative impact of the coronavirus crisis.
Managers in the private sector forecast a 17.5% decrease in their investment programs. Investments in production of intermediate goods is expected to decrease by 13.8%. Investments in energy and water-related industries are expected to increase by 4.7% and investments in production of non-durable goods is expected to decrease by 30.8%.