Construction in Chile - Key Trends and Opportunities to 2018

The Chilean construction industry recorded a compound annual growth rate (CAGR) of 7.79% during the review period (2009−2013). During the review period, and following the 2010 earthquake, growth was supported by a rapid inflow of foreign direct investment (FDI), low unemployment, reconstruction and modernization work. The growth of the construction industry is expected to remain strong over the forecast period (2014−2018), as the government is increasing its efforts to improve the country’s infrastructure, meet the rising demand for residential units and increase investment in the mining and retail industries. The construction industry’s output is expected to record a CAGR of 8.90% over the forecast period.