The construction sector grew 14.8% in 2012, far more than the 3% recorded in 2011, and continued to expand at a rate of 13.23% in the first half of 2013. Investor confidence remains strong, with investment in current projects rising by 5.79%, most notably in the areas of housing and infrastructure, and public-private partnerships remain the favoured model for developing public works. Likewise, in...
The Americas Construction
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Chapter | Construction & Real Estate from The Report: Peru 2014
Las iniciativas destinadas a familias de bajos y medianos ingresos están ayudando a aliviar la histórica escasez de vivienda en Colombia, al tiempo que han representado un impulso considerable para el sector de la construcción.
Articles & Analysis | Room for improvement: Cement industry displays potential while looking to regain momentum from The Report: Colombia 2013
Heavily dependent on the construction sector’s progress, the local cement industry took a slight dip in production in 2012. In the 12 months to May 2013 the production of Portland cement, the most commonly used material for infrastructure and housing in Colombia, amounted to 10.79m tonnes, representing a 1.67% year-on-year (y-o-y) decrease,...
Articles & Analysis | Resilient rentals: Leasing introduces dynamic conditions to the residential market from The Report: Colombia 2013
In times of crisis, property ownership is often seen as one of the safest investment ventures, partly due to secured regular income from rentals. Over the past decade Colombia has built up a strong market for residential leasing and continues to see a number of dynamic factors that are increasing its potential.
Articles & Analysis | Pushing property development: Healthy macro indicators and a good credit system propel the market forward from The Report: Colombia 2013
As construction activities regain momentum the real estate market has closely followed, driven primarily by a strong demand for housing and a healthy mortgage system granting access to property over a long-term period. Most indicators suggest the market is coming to a mature stage where booming numbers are not the only positive signs. Nonetheless,...
Articles & Analysis | Renewed partnership: Private sector involvement is critical for many projects from The Report: Colombia 2013
Public-private partnerships (PPPs) are no novelty in Colombia’s efforts to develop its infrastructure network. Since the early 1990s, a number of projects have been awarded under contractual structures that were amended with each “generation” – currently fourth – of public contracts on offer. However, for a number of reasons, the models have failed...