Dublin, February 15, 2021 (GLOBE NEWSWIRE) – The report “Construction in Argentina – Key Trends and Opportunities Until 2025” has been added ResearchAndMarkets.com Offer.

Argentina’s construction industry is estimated to have declined -31.5% in 2020 and contracted a further 5% in 2021, before recovering to 2.1% in the remainder of the forecast period (2022-2025). Although the industry has gradually rebounded over the past few months as the government pushes ahead with its reopening plan to stimulate the economy – and news of the vaccine launch makes the near-term outlook optimistic – the level of investment in construction is likely to rise not enough to pull the industry out of recession this year.

Persistent macroeconomic imbalances (including weak economic activity, falling pesos and high unemployment) are likely to continue to hold back private investment in infrastructure and other buildings and to hamper the industry’s recovery in the coming months. In addition, the number of coronavirus (COVID-19) cases across the country is rising again, which could lead to a possible tightening of COVID-19 lockdown measures, while the potential for more market-unfriendly government policies could impact the EU The country’s economic and budgetary position ahead of the October parliamentary elections pose additional downside risks to the industry’s near-term prospects.

Argentina has the third highest number of COVID-19 cases in Latin America after Brazil and Colombia and the third highest number of deaths after Brazil and Mexico. According to data from Johns Hopkins University, Argentina had 1,744,704 confirmed cases of COVID-19 and 44,848 deaths as of Jan. 13. Despite the introduction of early and strict lockdown measures in late March last year, which initially contributed to the spread of the virus, that did not prevent the country from having one of the highest per capita COVID-19 deaths in Latin America.

Although the gradual easing of lockdown measures in many parts of the country over the past few months has contributed to a slight improvement in activity in the industry, the continued surge in COVID-19 cases and worsening economic conditions have made it difficult for construction companies to restart their projects where many projects are subject to further delays or are temporarily canceled due to heightened uncertainty about the economy and how long the virus will last. The latest figures from the National Institute of Statistics and Census (INDEC) show that Argentina’s construction industry continued to decline sharply in the third quarter of 2020, albeit at a slower rate than the previous quarter, and recorded a year-on-year decline of 27% in the third quarter 2020 versus -51.9% in the second quarter of 2020 and -19.7% in the first quarter of 2020. On a quarterly (QoQ) basis, however, the industry grew 52.1% compared to a 39.4% decrease in the previous quarter.

This report provides in-depth market analysis, information, and insights into the Argentine construction industry including –

  • The Argentine Construction Industry Growth Outlook by Market, Project Type, and Construction Activity
  • Critical insights into the impact of industry trends and problems as well as an analysis of key risks and opportunities in the Argentine construction industry
  • Analysis of the mega-project pipeline with a focus on development phases and participants as well as listing of the most important projects in the pipeline.

This report provides a comprehensive analysis of the construction industry in Argentina. It provides –

  • Historical (2016-2020) and forecast (2021-2025) evaluations of the construction industry in Argentina with details of key growth drivers.
  • Segmentation by sectors (trade, industry, infrastructure, energy and utilities, institutional and private) and by subsector
  • Analysis of the mega-project pipeline, including a breakdown by development stage in all sectors and projected expenses for projects in the existing pipeline.
  • List of major projects and details of leading contractors and consultants

Main topics covered:

1. Summary

2 Construction industry: at a glance

3 context
3.1 Economic performance
3.2 Political environment and politics
3.3 Demography
3.4 COVID-19 status

4 building prospect
4.1 All constructions
4.2 Commercial building
4.3 Industrial construction
4.4 Infrastructure construction
4.5 Energy and utility construction
4.6 Institutional structure
4.7 Housing

5 key industry participants
5.1 Contractor
5.2 Consultant

6 hardware store data

7 Appendix

Please visit https://www.researchandmarkets.com/r/4b830q for more information on this report

Via ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For EST office hours, call 1-917-300-0470. For toll-free US / CAN calls, call 1-800-526-8630. For GMT office hours, call + 353-1416-8900