In the first month of the year, the price of 16-gauge steel wire increased 4% compared to December 2018, and in the case of 22-gauge losacero steel sheet, the increase was 5%.
The Price Index of Construction Materials -IPMC-, elaborated by the National Statistics Institute (INE), measures the monthly variation of the prices of the eighty-nine (89) materials and services comprising the representative basket of inputs used in the construction activity, using as base month December 2018 = 100.0.
In Guatemala, Sika invested $6.5 million in the construction of a 10,000 square meter plant in Palín, Escuintla, which manufactures construction chemicals.
According to the Swiss company's representatives, the new industrial plant, which will start operating on December 13th, will have the capacity to produce 60 thousand metric tons of materials annually.
The Guatemalan government expects that in the first two months of 2019, all procedures related to the issuance of construction permits can be carried out online.
Representatives of the Ministry of Economy (Mineco), reported that the plan is that through the Ventanilla Única de la Construcción, construction companies can process licenses digitally.
Because licensing is proceeding faster, private projects are rebounding in Guatemala and the sector in general expects to close 2018 with a 3% increase.
Representatives of the Guatemalan Chamber of Construction (CGC), explained that the positive behavior of the sector this year is because of the liberalization of licenses for the construction of projects that were pending to be authorized and new investments made.
In Guatemala, it was announced that new studies will be implemented to analyze dynamics in the costs of inputs for works, through the calculation of a Construction Materials Index.
The National Institute of Statistics (INE) said in a statement that the objective of the measurement will be "... to incorporate into its catalog of statistical products an index that reflects the behavior and price variation experienced by the articles, materials and supplies that are used in areas related to construction."
An increase in the cost of construction permits, new rates for services from public entities and a more expensive labor force explain a large part of the increase in real estate sales prices.
The guild of construction companies in Panama states that prices for homes, shops and apartments are so high that in many cases buyers can not afford them.The increase, they say, is not due to increases in the cost of construction materials, but to an increase in the cost of paperwork, such as building permits, higher interest rates for loans and the elimination of some subsidies.
Office towers in Costa Rica, a hydroelectric plant in Panama and an industrial plant in Guatemala are some of the projects planned for development in the coming months in the region.
The interactive platform "Construction in Central America" compiled by the Business Intelligence Unit at CentralAmericaData provides an up to date list of public and private constructionprojects for which EIA's were submitted to the respective institutions of each country in April 2017.
A bureaucracy that keeps delaying delivery of construction licenses, is now joined by a possible cement tax proposed by the government.
Entrepreneurs in the sector anticipate a relatively poor performance for the sector in the remainder of the year, although no significant increases are expected in the prices of materials in general.The possibility that the proposal to levy $0.65 per sack of cement actually materializes comes on top of problems faced in obtaining building permits, which has forced some projects to grind to a halt.
Hospitals, roads and educational works make up the list of construction projects awarded by state institutions in Panama in May.
The report 'Construction Project Contracts', prepared by the Business Intelligence unit at CentralAmericaData.COM, includes construction projects awarded by the institutions of the Central American states in May 2015.
Roads and electrical works, residential projects and gas stations are some of the projects for which environmental impact studies were presented in May in Guatemala.
The report "Construction Projects in Guatemala - May 2015", prepared by the Business Intelligence Unit at CentralAmericaData.com, provides a list of the key construction projects for which environmental impact assessment studies (EIA) were presented in May to the Ministry of Environment and Natural Resources (MARN).
The construction union of Guatemala states that construction costs have increased by about 6% since the entry into force in January of a tax on the distribution of cement.
Since the start of the charging of a $0.66 tax per bag of cement distributed, representatives from cement companies have reported a drop in sales.
While in the US the number of man hours needed to build a house is 9.4 hours per square meter, in Costa Rica it takes between 40 and 60.
Low labor productivity, on top of the cost of building materials, social charges and high costs of other materials such as energy, are preventing firms from being more competitive in an industry where both end house prices for completed works and gray works, exceed those in neighboring countries.
The activity will be held on September 11th in the Atlapa convention center and seeks to bring together providers and companies from around the world.
The Construction Chamber is organizing the business meeting, which will take place during Habitat Expo on September 10th-14th in the Atlapa convention center.
The increase of 13 % compared to 2012 is mainly due to changes in international prices of construction materials.
In the capital city the cost of construction of an apartment building is about $1267 per sqm, while in the metropolitan area and its surroundings the cost is $1,169 per sqm." In relation to 2012 , the increase is 13 %, because in that year, what was paid in the city was $1,112 and $1,042 in the surrounding area", reported Prensalibre.com.
Contribution to GDP by country: Panama - 17.4%, Honduras - 6.4%, Nicaragua - 5.3%, Costa Rica - 5.1%, El Salvador- 3.0%, Guatemala - 2.8%.
A report by the Regional Organization of Chambers of the Construction Industry in Central America and the Caribbean (Ordecccac) provides figures for the construction sector in 2012 for the countries in the region, as well as projections for 2013 and 2014.
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