Cabinet sets up crisis team to look at building industry
The cabinet has set up a special team to look at ways to help the construction sector weather the effects of the crisis, home affairs minister Liesbeth Spies said in a briefing to parliament on Thursday.
The team is led by Joop van Oosten, former chairman of building company Baan and will involve other private sector companies – energy firms, pension funds and property developers – as well as construction companies and developers.
Spies told parliament the sector generates some 6.5% of Dutch national product and creates 350,000 jobs.
Housing
The FD also reports on Wednesday that the number of new homes being built in the Netherlands has fallen to ‘dramatic levels’.
Nico Rietdijk, director of the property developers association NVB said ‘far-reaching reorganisations’ in the construction sector are now unavoidable.
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