A poor growth scenario is expected for construction in 2018 // Real Estate Market & Lifestyle
Construction industry will grow between 0.3% and 1.0% in 2018, mostly because of the impulse of residential development of medium and high end projects. Also, the touristic, comercial and service infrastructure will be a factor, according to analysis by the CEESCO.
Analysts anticipate that by this years end, the industry's growth will be inside a -1.0% and 0.5% range, due to the cuts in public investment budget and the increment in interest rates.
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