"Ecuador Infrastructure Report Q1 2014" Is Now Available at Fast Market Research
As anticipated, after two years of double-digit growth in 2011 and 2012, a slowdown is on the cards for Ecuador's construction sector. Having expanded by 7.8% in Q113, we predict that real industry growth in 2013 will come in at a more modest 6.8% followed by 5.5% in 2014. This decelerating trend is likely to continue over the medium term, with BMI forecasting average annual growth of around 3.7% between 2014 and 2018. We believe that a drop-off in government...
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