Output to Record Subdued Growth of 0.8% in Real Terms this Year - Forecasts to 2028.

Chile's construction industry is projected to grow 0.8% in 2024, despite inflation affecting costs. Subdued growth is expected due to inflation's impact on materials and labor. However, the construction sector will recover, forecasted to grow at a 4% annual rate from 2025-2028, thanks to investments in infrastructure, renewable energy, and industrial projects. The National Lithium Strategy aims to promote mining projects.

April 04, 2024
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