Commercial service industry: favorable growth prospects

Commercial services may realize a growth figure of approximately 3.5% during the period 2003 ? 2006. A report ?the commercial services industry: a heterogeneous sector with growth potential? by CPB (Central Bureau for Economic Planning) and the Ministry of Economic Affairs was published yesterday.

Noticeably the introduction of new services and a further widening and in-depth use of ICT are responsible for this. Efficiency improvements due to the tension on the labor market are the main objective. In-depth knowledge based companies and the telecommunication sector will profit most. Further globalization and deregulation will have a positive effect on autonomous growth.

(source: CPB and Ministry of Economic Affairs)

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