Construction on the up in Chile

By Thomas Allen30 July 2018

Sergio Torretti

Sergio Torretti, president of the Chilean Chamber of Construction

Construction activity in Chile is gathering momentum, according to the latest figures from the Monthly Index of Construction Activity (IMACON), which show a 12-month increase of 2.9% in May 2018.

Reported by the Chilean Chamber of Construction, the index takes the year 2008 as a baseline, equal to 100. The May reading came to 124.3, up from 124.11 in April 2018.

The index has averaged 78.34 between April 1989 and May 2018, which includes 350 data points.

Sergio Torretti, president of the Chilean Chamber of Construction, said, “Although this is the seventh positive variation after 14 consecutive months of contractions, we would like to see that the good expectations that exist today are transformed into concrete investment projects, to boost the economy and accelerate the reactivation of our industry.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Demolition or refurbishment?
Increasing numbers of politicians and architects are favouring reused buildings over demolition
How job order contracting improves construction efficiency
Job order contracting is suited to certain types of projects where it can potentially save contractors time and money 
A sustainable solution for marine construction
ECOncrete technology said to promote the growth of corals, which strengthen underwater structures
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA