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
Chapter | Construction & Real Estate from The Report: Colombia 2013
The construction sector has experienced consistent expansion in the past few years, registering 3.6% growth in 2012. While this figure is significantly lower than the 10% growth registered in 2011, prospects for 2013 suggest the sector will regain momentum driven primarily by aggressive government spending programmes aimed at closing the gaps in infrastructure and housing. Likewise, the real...
Chapter | Infrastructure from The Report: Colombia 2013
The government plans to implement heavy spending programmes to address Colombia’s severely deficient infrastructure network, a result of a rugged topography and decades of corruption, militancy and shifting government priorities. The Santos administration, which identified infrastructure development as a key pillar of its inclusive economic development policy, has committed to increasing...
Outperforming the majority of its regional peers, Colombia has experienced steady economic growth in the past decade registering GDP growth averaging over 4%, a rate set to continue in 2013.
Chapter | Construction & Real Estate from The Report: Peru 2012
With expansion of 3.34% in 2011, the construction sector looks primed for further growth, due in part to a need for new housing evidenced by the country’s housing deficit of some 2m units. The government has publicly announced a goal to build 500,000 housing units by 2016, and there are a number of opportunities for public-private partnerships in the sector. While the real estate market has...
With a surface area of 1.29m sq km and 2414 km of coastline, Peru is the third-largest country in South America. It has a population of 28.2m, 30.2% of which is under the age of 14. While there is no official religion, the majority of Peruvians are Christian, and the Catholic Church plays an important role in the country’s culture.