Construction slows down due to uncertainty, high rates, costs and pension reform
The Colombian Chamber of Construction (Camacol) projects that the Gross Domestic Product (GDP) of the building sector will grow 9.8% in 2023a more moderate variation than the figures above 11% observed in 2021 and 2022. However, builders and real estate funds are already expressing concerns about the continued rise in interest rates, the increase in … Read more