Construction in Colombia – Key Trends and Opportunities to 2018

Date: 2015-09

The value of the Colombian construction industry increased at a compound annual growth rate (CAGR) of 11.91% during the review period (2009–2013). Infrastructure construction activity increased with government investment and private sector participation through public-private partnerships (PPPs). Several infrastructure projects have been implemented under the PPP laws, and a number of projects are presently underway, particularly in the road infrastructure construction. Industry growth is expected to continue over the forecast period (2014–2018), as a result of the government’s focus on infrastructure and residential construction, improved investor sentiment, and an anticipated recovery in the global economy. Consequently, the industry is anticipated to post a forecast-period CAGR of 10.96%.

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