Ecuador Infrastructure Report Q2 2014 - New Market Study Published
As expected, after two years of double-digit growth in 2011 and 2012, a slowdown is on the cards in Ecuador's construction sector. We currently estimate real industry growth was a more modest 7.3% in 2013, and expect a rate of 6.1% in 2014. This decelerating trend is likely to continue over the medium term, as we forecast average annual growth of 4.3% between 2014 and 2018, which is lower than the hikes seen in recent years, but still strong. We...
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