He construction sector continues with negative figures: records a decline of 8.4% at the end of June and a cumulative drop of 9.8% in the first half of 2023according to estimates by the Peruvian Chamber of Construction (Capeco). According to Capeco’s Construction Economic Report #67, the result for the sixth month of the year was […]
Tag: construction
Companies that invest in construction and electric vehicles will be able to deduct more taxes
The Ministry of Economy and Finance (MEF) published last week the regulation of the law that establishes special depreciation regimes. These guidelines are intended to accelerate investment in construction and electric vehicles in the remainder of 2023 and 2024. In this regard, the head of the MEF, Alex Contreras, explained that the promulgation of this […]
Homes in Lima: growing preference for small spaces
Until May of this year, the sale of homes in Metropolitan Lima and Callao increased 6% compared to the same accumulated period of 2022, according to the Association of Real Estate Companies of Peru (ASEI). In general terms, the sale of 7,024 homes in the capital and the first port was completed, and in the […]
INEI: fishing production fell 70.60% during May
During May, the fishing production contracted 70.60% due to the lower extraction of species of maritime origin (-76.15%) for indirect human consumption, according to the INEI’s Situational Advance report. 7,620 tons of anchovy were caught in May, while in the same month last year 1,069,431 tons were recorded. However, the INEI indicates that fishing for […]
Construction sector would have fallen more than 10% until April 2023
The construction It is in one of the sectors that has had the worst performance so far this year. In the first quarter, it fell 11.5%, its largest contraction since July 2020, during the COVID-1 pandemic9. The negative result would have continued in Aprilwith a monthly fall of 10.8%, esteem Guido Valdiviaexecutive director of the […]
A falling dollar makes home prices more competitive
—How is the real estate market currently five months into this year 2023? —There are important challenges, there was an economic, macroeconomic situation that had an impact on this development, but despite this, growth is still maintained, let’s say, at a much slower speed, but it is expected to continue developing homes to be able […]
South Dock of the Port of Callao registers 53% progress: what will it be used for and when will it be inaugurated?
The expansion works of the South Dock of the Port of Callao register an important advance of 53%. The Ministry of Transport and Communications (MTC) promotes this project in order to stimulate foreign trade and the economy from the country. What use will this new infrastructure And when is its completion scheduled? We tell you […]
Construction sector would have fallen 12.3% in February, according to Capeco
After that in January of this year the Domestic Gross Product (GDP) of construction registered a fall of 11.7%, said sector would not show a recovery and would have a contraction of 12.3% in last February, according to forecasts by the Peruvian Chamber of Construction (Capeco). In detail, public works would continue with its good […]
Capeco: Construction sector would have fallen more than 11% in January 2023
The negative result was driven by the contraction in cement consumption, which fell -14.7 in the first month of the year. He construction sector It would have experienced a contraction of -11.9% in January of this year, the biggest setback since July 2020, when it fell by -12.8%, estimates the Peruvian Chamber of Construction (Capeco). […]
Delivery of housing bonds will decrease in 2023
In 2022, 48,351 bonds were placed for a total value of S/1,490 million. An additional 7,000 subsidies are required this year, especially for new homes, Capeco says. The placement of social housing bonds could fall 15% this 2023 according to the Peruvian Chamber of Construction (Capeco), which would not be the ideal scenario, since the […]