By POT, cloudy outlook under construction until 2023

Buildings drive construction GDP this year

The latest report from the National Administrative Department of Statistics (Dane) on gross domestic product revealed that the good performance in the building sector leveraged positive growth in the construction sector in Colombia.

(The concessionaire of the Bucaramanga – Pamplona road project is sanctioned).

In figures, the GDP related to construction stood at 6.2% during the first quarter of 2022, and the category of buildings 13.3%.

And it is that this acceleration in works increased employment in the country. In January 2022, the number of employed persons in the national total was 20,696 thousand people, where construction as a branch of economic activity participated with 7.5% of the employed, which corresponds to 1,551 people.


(Cemex and Cementos Diamante, convicted of contaminating rice crops).

With this accelerated reactivation of works, supplies have been demanded again. For their part, cement manufacturers are already resuming normal cement production at their plants, category that closed in the first quarter of the year 1,040,181 tons, with a growth of 0.6% compared to January 2021.

However, for Cementos San Marcos and other cement companies, inflation has had an impact on some cement prices, as well as on other construction input sectors, which could affect housing prices in the future.

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