{"id":826470,"date":"2022-10-11T19:46:26","date_gmt":"2022-10-11T17:46:26","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/ecuador-construction-market-analysis-trends-and-forecasts-report-2022-2026-developments-project-analytics-market-data-risk-profile-researchandmarkets-com\/"},"modified":"2022-10-11T19:46:26","modified_gmt":"2022-10-11T17:46:26","slug":"ecuador-construction-market-analysis-trends-and-forecasts-report-2022-2026-developments-project-analytics-market-data-risk-profile-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-the-rest-of-the-world\/ecuador-construction-market-analysis-trends-and-forecasts-report-2022-2026-developments-project-analytics-market-data-risk-profile-researchandmarkets-com\/","title":{"rendered":"Ecuador Construction Market Analysis, Trends and Forecasts Report 2022-2026: Developments, Project Analytics, Market Data, Risk Profile – ResearchAndMarkets.com"},"content":{"rendered":"

DUBLIN–(BUSINESS WIRE)–The “Ecuador Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026”<\/a> report has been added to ResearchAndMarkets.com’s<\/strong> offering.\n<\/p>\n

<\/a><\/p>\n

\nEcuador’s construction industry contracted by an estimated 5.6% in 2021, preceded by a decline of 20% in 2020\n<\/p>\n

\nThe contraction in 2021 was due to continued weakness in the industry, owing to a new wave of infections and subsequent lockdown restrictions which weighed on industry output.\n<\/p>\n

\nReflecting the pandemic’s impact on construction activities along with the low dynamism of planned investment, construction value add fell by 8.9% year on year (YoY) in the first three quarters of 2021; this was preceded by an annual decline of 20% in 2020, according to the Central Bank of Ecuador.\n<\/p>\n

\nThe construction industry is expected to rebound in 2022, growing by 7.7% in real terms that year, followed by an annual average growth of 3.6% over the remainder of the forecast period (2023-2026), driven by an increase in private investment and public-private partnerships.\n<\/p>\n

\nThe Minister of Production, Foreign Trade and Investments Julio Jose Prado stated in March 2022, that the country expects private investments of $1.2 billion by the end of 2022 and close to $6 billion over the next three to four years, especially in sectors such as mining, renewable energy, industrial and manufacturing industry.\n<\/p>\n

\nThe government intends to make mining as the engine of the country’s economy. In 2022, a total $519 million investment will be made for various mining projects. The Ministry of Energy projected that from 2022 to 2026 an investment of $4 billion is expected for the construction of five mines for the production and exploitation of minerals.\n<\/p>\n

\nEcuador’s President Guillermo Lasso plans an ambitious program to strengthen the infrastructure of the country, which includes roads and rehabilitating rail infrastructure through Public-Private Partnership (PPPs) over four years from 2021 to 2025. Ecuador plans to invest $5 billion in the rehabilitation of road corridors such as Buena Fe-Babahoyo-Jujan, Aloag-Santo Domingo, Daule-Progreso, the Loja Catamayo viaduct and the southern access to Cuenca, along with railways and ports by 2025.\n<\/p>\n

\nMoreover, in August 2021, Ecuador’s ministry of energy and non-renewable natural resources updated the 2031 electricity master plan to allow for the incorporation of 10.4GW of non-conventional renewable energy capacity with an investment of $2.2 billion.\n<\/p>\n

\nThe planned capacity is divided into four blocks, with the first 500MW expected to commence operation by 2024, which includes 220MW of wind, 150MW of small and medium hydroelectric, and 100MW of solar photovoltaic (PV) and 30MW of biomass energy. The second block includes 2,500MW, expected to begin by 2025, while the third and fourth blocks include 3,120MW and 4,320MW, respectively, and are expected to commence operations by 2031.\n<\/p>\n

\nIn December 2022, the Ministry of Finance approved the budget for 2022, which seeks to reduce the public deficit to 3.5%; this is supported by a recovery in crude oil prices and after negotiating a support package with the International Monetary Fund (IMF).\n<\/p>\n

\nThough the government is seeking to reduce public spending, the government is keen to meet its obligation to education and healthcare spending, allocating $2.4 billion and $1.5 billion to them, respectively, in the budget. In addition, the government is seeking to implement more market-friendly reforms by selling off state-owned assets such as the ‘Esmeraldas’ oil refinery, and relaxing labor market regulations.\n<\/p>\n

\nScope<\/strong>\n<\/p>\n

Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Ecuador, featuring details of key growth drivers<\/p>\n

Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector<\/p>\n

Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline<\/p>\n

Listings of major projects, in addition to details of leading contractors and consultants<\/p>\n

\nReasons to Buy<\/strong>\n<\/p>\n

Identify and evaluate market opportunities using Our standardized valuation and forecasting methodologies<\/p>\n

Assess market growth potential at a micro-level with over 600 time-series data forecasts<\/p>\n

Understand the latest industry and market trends<\/p>\n

Formulate and validate strategy using Our critical and actionable insight<\/p>\n

Assess business risks, including cost, regulatory and competitive pressures<\/p>\n

Evaluate competitive risk and success factors<\/p>\n

\nKey Topics Covered:<\/strong>\n<\/p>\n

\n1. Construction Outlook\n<\/p>\n

\n2. Construction Industry: At-a-Glance\n<\/p>\n

\n3. Latest News and Developments\n<\/p>\n

\n4. Project Analytics\n<\/p>\n

\n5. Construction Market Data\n<\/p>\n

\n6. Risk Profile\n<\/p>\n

\nFor more information about this report visit https:\/\/www.researchandmarkets.com\/r\/s0z7up<\/a>\n<\/p>\n

Contacts <\/p>\n

\nResearchAndMarkets.com
\n
Laura Wood, Senior Press Manager
\n
press@researchandmarkets.com<\/a><\/p>\n

For E.S.T Office Hours Call 1-917-300-0470
\n
For U.S.\/ CAN Toll Free Call 1-800-526-8630
\n
For GMT Office Hours Call +353-1-416-8900<\/p>","protected":false},"excerpt":{"rendered":"

DUBLIN–(BUSINESS WIRE)–The “Ecuador Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering. Ecuador’s construction industry contracted by an estimated 5.6% in 2021, preceded by a decline of 20% in 2020 The contraction in 2021 was due […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49631],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-826470","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-the-rest-of-the-world"],"acf":[],"yoast_head":"\nEcuador Construction Market Analysis, Trends and Forecasts Report 2022-2026: Developments, Project Analytics, Market Data, Risk Profile - ResearchAndMarkets.com - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-the-rest-of-the-world\/ecuador-construction-market-analysis-trends-and-forecasts-report-2022-2026-developments-project-analytics-market-data-risk-profile-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ecuador Construction Market Analysis, Trends and Forecasts Report 2022-2026: Developments, Project Analytics, Market Data, Risk Profile - ResearchAndMarkets.com - BeBeez\" \/>\n<meta property=\"og:description\" content=\"DUBLIN–(BUSINESS WIRE)–The “Ecuador Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering. 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