The Americas Construction

The Trinidad and Tobago real estate market’s fortunes have long been tied to those of the oil sector. Between 1991 and 2006 house prices more than quadrupled as the country’s hydrocarbons and petrochemicals industries grew strongly. This stoked a construction boom that led to the rapid development of grade-A office and residential properties....

From 2010 to 2015 the construction sector regularly accounted for around 5% of Trinidad and Tobago’s GDP, fluctuating from 5.4% in 2010 to 4.7% in 2012. In the Ministry of Finance’s “Review of the Economy 2015” the sector was forecast to have a strong 2015, growing 3.4% and accounting for 5.3% of GDP. In the fourth quarter of 2015 the sector...

Much of the April 2016 mid-year budget review by Trinidad and Tobago’s finance minister, Colm Imbert, focused on the importance of austerity and fiscal prudence, but one project was of particular investment potential.

Housing demand continues to fuel the real estate sector in Colombia. It is a process happening on two fronts. Firstly, government-sponsored programmes are encouraging the construction of new homes for lower-income Colombians. Meanwhile, the growth of the middle class is galvanising demand for medium-income housing across all regions of the...

A combination of public and private investment in infrastructure, as well as the implementation of public housing plans, continue to be the primary drivers for Colombia’s construction sector. Projects ranging from highway construction to expansion of existing port and airport infrastructure are attracting a rising number of international firms...

In an effort to counter the negative effects of a slowdown in the mining sector, as well as lower revenues from national oil exports, Colombia is implementing a stimulus package designed to encourage economic growth in the coming years. The Plan for Productivity and Employment (Plan para la Productividad y el Empleo, PIPE 2) comes on the back...