Construction in Colombia – Key Trends and Opportunities to 2016
The value of the Colombian construction industry recorded a compound annual growth rate
(CAGR) of 11.
04% during the review period (2007–2011).
This growth was fuelled by the
significant...
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Construction in Colombia – Key Trends and Opportunities to 2016
The value of the Colombian construction industry recorded a compound annual growth rate
(CAGR) of 11.
04% during the review period (2007–2011).
This growth was fuelled by the
significant levels of foreign investment the country received during the review period in
areas such as mining and energy, as security improvements, steady economic growth, a
stable political situation and business-friendly policies made the country increasingly
attractive to foreign investors.
The value of the Colombian construction industry is expected
to register a CAGR of 7.
33% over the forecast period (2012–2016).
The Colombian
infrastructure construction market accounted for 52.
5% of the total value of the Colombian
construction industry in 2011, and the value of the market recorded a strong CAGR of
12.
71% during the review period.
This growth was primarily attributable to significant
infrastructure investments made by the Colombian gover
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