Cost of housing construction soars in Honduras

A recent increase in cement prices is being blamed in Honduras for a 30 percent rise in the cost of housing construction.

Friday, June 13, 2008

The Honduran Construction Industry Chamber says construction of the average house now costs 1.3 million lempiras (US$69,000), up from 1 million lempiras (US$53,000).

More on this topic

Honduras: Builders Ask for Cement Price Reduction

January 2015

The union argues that a reduction in the price of gray cement would help revive the depressed construction industry.

In an attempt to revive the construction sector, which fell by 8% in October 2014, the Honduran Chamber of the Construction Industry (Chico) has asked cement manufacturers for a review of prices.

Honduran Government Refuses to Accept Cement Price Rise

November 2011

The government will not accept the increase in cement prices for 2012 announced by the construction sector.

Sector representatives from the country's chamber of industry and construction (Chico in Spanish) claim that the $0.48 price rise is due to the devaluation of Honduras' currency as well as increasing energy and fuel costs.

Honduras: Anticompetitive Practices in Cement Industry

July 2011

The cement companies Cenosa and y Lafarge-Inhcesa have again increased product prices in a unified manner, defying the rules of the Commission in Defense of Competition (CDPC in Spanish).

Both companies have been making simultaneous increases in the price of concrete for several years, provoking an investigation by the CDPC.

Cement Price Hike Ruled Out

January 2010

The Government of Honduras announced measures against those who apply a price increase announced by cement company Incehsa.

Benjamín Bográn, Industry and Commerce Minister, said that cement "is an important element in housing and infrastructure, so any increase must be first agreed with the Ministry".

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