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Major international companies in the building and construction industry are choosing to work in Greater Copenhagen – and it’s easy to see why.
The Danish building and construction industry is thriving. Investor confidence is high and profits are healthy, but bids are in short supply.
The largest Danish building companies are eager for more international companies to participate in tenders for major building projects. Foreign players with special competencies and innovative, efficient building methods are particularly welcome and stand an excellent chance of winning business.
Secure, stable and transparent
Companies working in Greater Copenhagen get the strength and dependability of a complete package: an inclusive and co-operative industry, excellent ROI, a buoyant economy, readily available skilled labour and an effective, transparent construction process.
Denmark is the least corrupt country in the world so it is easy to obtain construction permits, register property, arrange credit lines, pay taxes, protect investors, trade across borders and resolve insolvency problems.
And establishing a business presence in Greater Copenhagen is also quick and easy. From there to winning tenders and cutting the ribbon on a finished project, you can be sure that your business in Greater Copenhagen will be secure, stable and transparent.
A dynamic, expanding pipeline
Greater Copenhagen is the gateway between northern Europe and the rest of Scandinavia. In the space of a few years, this dynamic region will see the addition of ultra-modern high-tech super hospitals, educational facilities, new residential areas as well as infrastructure extensions.
A new breed of modern healthcare construction
Over the next 10 years, Denmark is investing more than EUR 5.4 billion in hospital facilities. Of the 16 nationwide projects currently planned, seven super hospital new build, extension and modernisation projects in Greater Copenhagen are still open for tenders. Budgets range from EUR 87 million to EUR 0.9 billion.
Booming urban development
In 2016, realised construction and site development projects in Greater Copenhagen topped EUR 4 billion – an increase of 42% from 2012. Private construction is driving the trend, and massive public investment in urban development areas is predicted to lead to significant increases in business activity in the building and construction sector over the next 4-5 years.
Vast public infrastructure investments
Over the next ten years, Greater Copenhagen will see a number of vast public infrastructure investments. There is great potential for non-Danish companies to secure attractive tenders within a wide variety of business areas.
Copenhagen Airport will be expanded to handle up to 40 million passengers annually – almost twice its current capacity. The development plan reaches roughly 25 years into the future and has a budget of EUR 1.5 billion.
Other large infrastructure projects include the Ring 3 light railway around Copenhagen with a budget of EUR 0.5 billion, and the new Eastern Bypass harbour tunnel, which will bind together the road network east around the capital and decongest traffic in central Copenhagen, with a budget of EUR 1.2 billion.
89% of foreign companies winning a tender in Denmark have Danish representation, so establishing a business presence in Greater Copenhagen can be a wise investment.
Copenhagen Capacity is the one-stop shop for business development in Greater Copenhagen, and our business development consultants are on hand to help you at every stage of your business journey.
Invest in Greater Copenhagen
Greater Copenhagen, spanning Eastern Denmark and Skåne in Southern Sweden, has public construction projects worth more than EUR 30bn to offer and property development opportunities in more than 30 attractive urban development areas.
See construction and infrastructure investment opportunities in Greater Copenhagen here.