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Colombia’s Coronavirus Curfew Extended An Additional 2 Weeks
Colombia’s President Ivan Duque announced the order to extend Colombia’s national preventive isolation order an additional two weeks, at least until May 11.
Posted On April 21, 2020
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//construction
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Study: Fatal Chirajara Bridge Collapse in Colombia Caused by Design Flaw
U.S. engineering firm Modjeski and Masters determined that a support pile that failed because of a design flaw.
Posted On April 28, 2018
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BBVA Colombia Secures $150 Million USD Loan from IFC to Put Toward Housing Finance in Colombia
Mortgages only represent 7% of GDP in Colombia, a lower rate than in many other Latin American countries.
Posted On April 16, 2018
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Housing Construction Costs Increased by 4.77% in Colombia in 2017
The increase was driven largely by a 5.94% spike in labor costs and 4.38% rise in the cost of materials.
Posted On January 22, 2018
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Colombia’s GDP Only Grew by 1.1% in the First Quarter of 2017
Most analysts are equating the underwhelming growth to low consumption following the recent tax hike that increased Colombia's VAT by 3%.
Posted On May 28, 2017
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At Least 20 Killed During Building Collapse in Cartagena
At least 20 people were killed by a building collapse in Cartagena late last week, with more than 20 others also suffering injuries
Posted On May 2, 2017
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Dow Chemical Company to Support Habitat for Humanity Construction Project in Colombia
The project in Tenjo will be a pilot project that uses polyurethane materials made by Dow in PVC panels that will form the structure's walls.
Posted On April 5, 2017
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Fitch Ratings Has Negative Outlook for Colombian Companies in 2017
One sector Fitch sees having a tough year ahead is telecom, due to the pressure on credit profiles from low profits and free cash flow.
Posted On December 1, 2016
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Colombia’s Unemployment Rate Falls To 7.3%; Lowest In 15 Years
Colombia’s unemployment rate dropped in November to 7.3%, announced Minhacienda, Colombia’s Finance Ministry, along with statistics agency DANE yesterday. The new rate reflects a drop of 0.4 percentage points over the 2014 statistic. The rate in the 13 largest cities was measured...
Posted On December 31, 2015
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Major Construction and Design Expo Coming To Bogotá May 19-24
In the last two years, the construction sector has grown 9% as a part of the Colombian economy. According to the Colombian Construction Chamber of Commerce (Camacol) estimates, building construction used $28.5 billion in products and services, over 40% more than in 2010; evidence...
Posted On May 11, 2015
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