Added-value of construction sector in Colombia contracts by 26%

According to a recent Dane report, Civil Works Investment registered a decrease of 25.1% between July and September in relation to the same period of 2019. Data related to the construction sector reflected that, although there has been a recovery, the sector continues in the red, since in the quarter there was a 26.2% decrease in the added value of the sector, mainly explained by the negative annual variation in the added value of the buildings (-27.2%), specialized activities (-26.4%) and civil works (-24.7%).

Source: Portafolio