Construction Up in Nicaragua

The sector grew 3.3%, boosted by private and state investments.

Thursday, March 31, 2011

For the first time in 5 years, the figures presented by the Central Bank showed a recovery in the real estate industry, one of the worst-hit by the global economic crisis.

Mario Zelaya, president of the Nicaraguan Construction Chamber, told newspaper La Prensa that they believe this recovery to be sustainable and not temporary.

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More on this topic

Panama: Construction Grew by 21.4% in April

June 2013

During the first quarter of the year the value of buildings, additions and repairs totaled $119 million, compared to $98 million last March. 

Data from the National Institute of Statistics and Census of the Comptroller General of the Republic reveals that in April, $82.5 million corresponded to residential projects, while $36 million was for commercial construction, and that 951 projects were developed with a total of 320,499 meters square .

Prices of Construction Materials in Panama

May 2013

Retail prices indices for the main construction materials in the districts of Panama and San Miguelito, up to March 2013.

A statement by the Comptroller General of the Republic of Panama reads:

Indices of Retail Prices of Major Construction Materials (IPMC by its initials in Spanish) in the districts of Panama and San Miguelito, compiled March 2013, showed the following behaviors:

Slight Recovery in Guatemalan Construction Industry

January 2011

The Monthly Index of Construction Economic Activity reported positive results in the last quarter of 2010.

The Index posted positive numbers in October 2010 with 0.9%, 3.1% in November and in December it closed at 10%.

Jorge Montenegro, president of the Guatemalan Chamber of Construction, said, according to the article published by Prensalibre.com: "We hope it is the beginning of an upturn for the industry and that should restore confidence in investment in the country."

Guatemala: Construction Industry Improves

October 2009

In August, the sector reported the softest year over year drop so far 2009: 9.4% when compared to August 2008.

The Monthly Construction Economic Activity Index (Imacon), prepared by the Construction Chamber (CGC), shows that the sector's decline is slowing down, after dropping 26.1% in May.

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