Lima, Mar. 05 (ANDINA). Peru's booming construction sector is likely to continue its double-digit growth over the next two years, according to government estimates released Tuesday.
Photo: ANDINA/ Archivo/ Alberto Orbegoso.
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Minister of Housing, Construction and Sanitation Rene Cornejo said construction activity has grown 15 percent over the past few years, and everything indicates that the trend will continue in 2013 and 2014.
The construction industry has doubled its share of contribution to the country's groos domestic products in the last five years, he added.
The sector is currently growing seven percent after expanding 15 percent last year, Cornejo said, so we estimate that its double-digit growth will continue in the years to come in a context of strong economic growth at six percent.
The minister on Tuesday opened a workshop on Sharing Experiences in the Design and Implementation of Green Building Codes" in the economies of the Asia-Pacific Economic Cooperation (APEC), taking place in Lima on March 5-7.
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The construction industry has doubled its share of contribution to the country's groos domestic products in the last five years, he added.
The sector is currently growing seven percent after expanding 15 percent last year, Cornejo said, so we estimate that its double-digit growth will continue in the years to come in a context of strong economic growth at six percent.
The minister on Tuesday opened a workshop on Sharing Experiences in the Design and Implementation of Green Building Codes" in the economies of the Asia-Pacific Economic Cooperation (APEC), taking place in Lima on March 5-7.
LEAVE YOUR POST BELOW
Saludos
Cesar Moran - Blog Moderator
SKYPE: CZRMORAN
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