Since 1997 there has been no year-on-year increase in construction investment as steep as that recorded in the first three months of this year. Between January and March 2019, investment increased by 12.4%. According to data from the Portuguese Confederation of Construction and Real Estate (CPCI), the sum of investment in the first quarter of the year reached 4,151 million euros. The president of CPCI, Manuel Reis Campos, acknowledges that this "was, in fact, one of the best quarters that there is memory," according to statements to the Público newspaper. He believes the industry is "finally reoccupying the place that once belonged to it" and is now "preparing for the next decade of investment," Still, he says the industry remains below the needs of sustained growth. "It was necessary that the public investment was, in fact, the scheduled and scheduled. It's a year to go for the next decade, the next cycle, and everything has to be decided. " "The construction sector should represent 11% of GDP, and we are still a long way from it," says the CPCI president. According to the Observatory of Public Works - it is part of the CPCI - in April, public investment in this sector even registered a negative variation of 12%. It moved into positive territory in May, with a year-on-year change of 6%. "Portugal still does not have the necessary convergence with the rest of Europe, which continues to warn that public investment is essential," says Reis Campos. Euro zone construction down in April Production in construction increased in April, both in the Euro Zone and in the European Union (EU). According to Eurostat data, in the Euro Zone, production in construction fell by 0.8% in April, compared to the previous month, after falling 0.4% in March. In the EU, the decrease was 0.6%. The falls are mainly due to the construction segment, which fell 2.5% in the Euro Zone and 2.3% in the EU. The largest monthly declines were registered in Slovenia (-7.4%), Hungary (-3.8%) and France (-2.3%). Portugal recorded a decrease of 0.6%. source:https://www.idealista.pt/news/imobiliario/construcao/2019/06/21/40030-investimento-na-construcao-ao-rubro-ha-22-anos-que-nao-subia-tanto