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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 & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting ♏activities. It also includes management and leasing of land and properties, real estate brokerage, architectural ✤and engineering services, warehousing and storage activities, and operation of car parks and garages.
Mexico’s construction sector accounted for 8% of the country’s GVA, 5.6% of FDI inflows and 8.1% oꦰf the labour force in 2016. Construction activities followed a downwar😼d trend during the first nine months of 2017, as a result of lower ...
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The real estate sector - one of the key drivers of the Braziliaꦆn economy in the past decade - was not shielded from the deep recession in the country over the 2015-2016 period. It suffered from oversupply, lower demand, limited loan financing, ...
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Construction is among th💎e largest economic sectors of Peru in terms of share of total GDP, ranking fourth behind only oil and gas, industry and trade. In 2016, construction accounted for 6.3% of domestic GDP, 1.5% of tot🧸al FDI stock and 5.3% of ...
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Construction is the fourth-largest economic sec💛tor in Colombia, accounting for 9.4% of the country’s GDP, 5% of total FDI inflow and 6.2% of formal employment in 2016. Over the period 2011-2014, the construction sector emerged as one of the ...
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Construction is one of the main economic sectors of Argentina, accounting for 4.7% of the country’s GDP, 1.4% of total FDI inflows and 5.9% of formal employment in 2015. However, even this considerably underes🌊timates t✨he social importance of ...
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The construction sector, one of the key drivers of economic growth in the past decade, is undergoing a profound restructuri𝔉ng tri🙈ggered by structural transformation of the Brazilian economy after the end of the commodities boom, low government ...
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