Synopsis
This report provides detailed market
analysis, information and insights into the Colombian construction market,
including:
- The Colombian construction market’s growth prospects by sector, project type and type of construction activity
- Analysis of equipment, material and service costs across each project type within Colombia
- Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the Colombian construction market
- Assessment of the competitive forces facing the construction industry in Colombia and profiles of the leading players
- Data highlights of the largest construction projects in Colombia
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Executive summary
The Colombian construction industry registered
a CAGR of 6.85% during the review period. This growth was fuelled by
significant levels of foreign investment in areas such as mining and energy,
offices and retail, and improvements in security, as well as business-friendly
policies set out by the country. The industry is expected to grow at a CAGR of
7.39% over the forecast period, backed by substantial investments in physical
infrastructure such as roads and social infrastructure such as education and
healthcare to enhance economic development. In 2012, the government introduced
several amendments to its tax code to promote low-cost social housing for
low-income demographics. The move is expected to stimulate growth in the
residential construction market.
Scope
This report provides a comprehensive
analysis of the construction industry in Colombia:
- Historical (2008-2012) and forecast (2013-2017) valuations of the construction market in Colombia using the construction output and value-add methods
- Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
- Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
- Analysis of key construction industry issues, including regulation, cost management, funding and pricing
- Assessment of the competitive environment using Porter’s Five Forces
- Detailed profiles of the leading construction companies in Colombia
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