Market Report, "Ecuador Infrastructure Report Q4 2012", Published
BMI View: Following a stellar 2011, which saw Ecuador's construction sector expand by 21%, we expect growth to moderate over 2012. A combination of a slowdown in the economy a persistently weak investment climate and limited project financing options will keep a lid on growth within the country's construction industry. As a result, we forecast construction sector growth of 5.0% and 3.2% in 2012 and 2013, respectively.
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