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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Constructi🔯on are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes managementಞ and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
In 2019, the construction sector accounted for 7.1% of Mexico’s GDP, 1.2% of total FDI inflow and 7ཧ.8% of formal employment. During the 2014-2019 perio🌺d, the construction sector contracted its GVA at a CAGR of 0.31% in ...
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In 2018, the construction sector a🎀ccounted for 7.6% of Mexico’s GDP, 5% of total FDI inflow and 8.1% of formal employment. Over the 2013-2018 period, the construction sector expanded its GVA at a CAGR of 1.3% in real terms, with the main growth ...
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Mexico’s construction sector had a lacklustre performance over the pe♔riod 201🔥2-2017, with its GVA rising at a CAGR of 0.9%. Among the main impediments to the sector’s growth was a change of government policy on housing development in 2013 ...
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Mexico’s construction sector accountღed for 8% of the country’s GVA, 5.6% of FDI inflows and 8.1% of the labour force in 2016. Construction activitieꦫs followed a downward trend during the first nine months of 2017, as a result of lower ...
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