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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
Albeit challenging for all nations, the COVID-19 pandemic has been more of a driving force for the infrastructure sector in many Latin American countries than a restraining factor. In most Latin American countries, infrastructure ...
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Mexico has one of the most developed transport and energy infrastructure systems in Latin America. This is related to its key geographic location, bordering the US, the large size and trade openness of its economy, and the high level of ...
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The construction sector was finally showing signs of recovery in 2019, after registering contracting GVA since 2014, when the Car Wash Operation investigations started. The COVID-19 pandemic, which halted economic activity globally, ...
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In the Latin American context, Colombia lags in developing its road and railway infrastructure due to a prolonged period of underinvestment and relatively low participation of the private sector. But the country’s port and ...
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Brazil’s transport infrastructure sector contains a diverse landscape. While some sub-sectors, namely road infrastructure, are still dominated by the federal and state governments, others such as the railways have been marked by a ...
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Thanks to a stable regulatory framework and supportive business environment, Chile possesses one of the most developed transport and energy infrastructure networks in Latin America. The country has a well-developed road and port infrastructure in ...
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The COVID-19 outbreak shaped the construction industry in Latin America during 2020. The economy of the four largest markets, namely Brazil, Mexico, Argentina and Colombia, contracted significantly over the year. The construction ...
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In 2019, the construction sector accounted for 7.1% of Mexico’s GDP, 1.2% of total FDI inflow and 7.8% of formal employment. During the 2014-2019 period, the construction sector contracted its GVA at a CAGR of 0.31% in ...
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Years after the 2015-2016 economic recession that profoundly changed the Brazilian construction sector, recovery progressed strongly in 2019 with record-high new residential building launches and sales, and a commitment by the new ...
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