Now Available: Construction in Venezuela - Key Trends and Opportunities to 2017
The Venezuelan construction industry increased in value at a CAGR of 21.68% during the review period. However, in real terms, the CAGR increased only by 2.34% as a result of high inflation in the Venezuelan economy. Growth in the industry was driven by a large-scale housing program undertaken by the government, infrastructure projects in railways and energy, and continuation of social spending initiatives. The industry is anticipated to post a CAGR of 15.84% over the forecast period. However, excessive government...
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