Nicaragua: Construction Plans to Recover in 2011The construction sector expects this year to be close to 2009 levels and projects growth for 2011.Monday, November 8, 2010
In 2008 the sector contributed to Gross Domestic Product (GDP) $ 420 million, in 2009 fell to $ 330 million. Mario Zelaya, president of the Nicaraguan Chamber of Construction, said they expect the 2010 figure to be close to 2009 and projections for 2011 is $ 400 million. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Need assistance? Contact us
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Nicaragua Plans Construction Projects for $270 millionJanuary 2013 Nicaraguan businessmen in the construction industry are basing their optimism for 2013 on various public infrastructure projects, power plants, and buildings for offices or homes. Slow Recovery for Salvadoran ConstructionOctober 2011 The construction sector grew by 3% in the first quarter of 2011, the first positive change since 2007. Construction Falls 20% in NicaraguaOctober 2009 This year, the construction industry will contribute $60 million less to the country's Gross Domestic Product (GDP). Nicaragua: Unemployment Grows in ConstructionJuly 2009 During the last year and half, there has been a 40% loss in employment in the formal sector, and of that figure, 20% was from this year.
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