WHY DOES CONSTRUCTION STIMULATE THE ECONOMY?

At present, there is contemplation on how to revive Finland's economy from the economic difficulties caused by the COVID-19 pandemic. At Kospro Oy, we believe that the construction industry and building sector offer a viable solution to this situation. The immediate impact of the construction industry can be seen in the increase in employment and tax revenues.

Long-term effects include, among other things, the multiplication of other regional construction and the maintenance and growth of economic production potential as a result of selecting reasonable construction projects. With sensible construction, we can reduce emissions and thus contribute to sustainable growth.

Kospro Oy considers it important to contribute and participate in Finland's recovery efforts. We believe that sensible and high-quality construction sector procurements can enhance our customers' competitiveness and highlight their growth potential, thus enabling economic growth.

"One million euros invested in construction employs 13-16 people. The domestic content of construction is high compared to other sectors. For example: The 275 million euros used for the construction of the Espoo city rail line would employ 4,125 people."

"The tax share is 40-45 percent of the euros invested in construction. For example: The tax euro invested in the Espoo city rail line returns to society more than tenfold in housing construction tax revenues alone."