Construction in Colombia - Key Trends and Opportunities to 2018

Published: Sep, 2014 | Pages: 64 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)


Synopsis
This report provides detailed market analysis, information and insights into the Colombian construction industry including:
The Colombian construction industry's growth prospects by market, project type and type of construction activity
Analysis of equipment, material and service costs across each project type in Colombia
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Colombian construction industry
Analyzing the profiles of the leading operators in the Colombian construction industry.
Data highlights of the largest construction projects in Colombia 

Summary
The value of the Colombian construction industry increased at a compound annual growth rate (CAGR) of 11.91% during the review period (2009-2013). Infrastructure construction activity increased with government investment and private sector participation through public-private partnerships (PPPs). Several infrastructure projects have been implemented under the PPP laws, and a number of projects are presently underway, particularly in the road infrastructure construction. Industry growth is expected to continue over the forecast period (2014-2018), as a result of the government's focus on infrastructure and residential construction, improved investor sentiment, and an anticipated recovery in the global economy. Consequently, the industry is anticipated to post a forecast-period CAGR of 10.96%. 
Scope
This report provides a comprehensive analysis of the construction industry in Colombia. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Colombia using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Colombia 
Reason To Buy
 Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using Timetric's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors 
Key Highlights
 According to the country's national statistics agency, the Departamento Administrativo Nacional de Estadistica (DANE), the construction industry's value add at constant prices rose by 16.9%, from COP6.3 billion (US$3.3 million) in the first quarter of 2013 to COP7.3 billion (US$3.8 million) in the first quarter of 2014. In real value-add terms, the industry grew by 12.0% in 2013 - up from 6.0% in 2012, driven by government investments to improve the quality of the country's infrastructure and construct affordable homes to meet rising demand in the country. 
In December 2011, the Colombian Parliament approved a PPP law that came into force from 2012. The new law provides private investors with better guarantees, and a better institutional and legal framework that will help to improve cooperation between the private sector and government. The government believes that the new PPP law will encourage private investment in infrastructure, and accelerate infrastructure construction in the country.
Infrastructure construction is expected to continue to expand over the forecast period, mainly driven by investments in road construction. In a bid to support the country's economy, improve the transport and reduce travel time and costs, the government plans to invest COP190.4 trillion (US$100.0 billion) in transport infrastructure by 2021. Of this, COP47.6 trillion (US$25.0 billion) will be spent on road transport infrastructure by 2021. Accordingly, with an aim to reduce travel times, the government plans to construct 8,000km of road across the country by 2021
The residential construction market will be supported by government-led affordable housing projects. To balance supply of and demand for affordable housing in the country, the Colombian government announced in 2013 that it would fund COP1.1 trillion (US$583.0 million) to construct 100,000 social housing units across the country.
Robust and modern transportation infrastructure is vital for growth and competitiveness of the economy. According to the Colombian pension funds association, in March 2014, four of Colombia's pension funds announced their plan to invest COP24.2 trillion (US$12.7 billion) in road infrastructure construction projects across the country by 2020. This is expected to drive growth in the infrastructure construction market over the forecast period.

 1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutiol Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Constructora Conconcreto SA
8.1 Constructora Conconcreto SA - Company Overview
8.2 Constructora Conconcreto SA - Main Services
8.3 Constructora Conconcreto SA - Company Information
8.3.1 Constructora Conconcreto SA - key competitors
8.3.2 Constructora Conconcreto SA - key employees
9 Company Profile: Montecz SA
9.1 Montecz SA - Company Overview
9.2 Montecz SA - Main Services
9.3 Montecz SA - Company Information
9.3.1 Montecz SA - key competitors
9.3.2 Montecz SA - key employee
10 Company Profile: Tipiel SA
10.1 Tipiel SA - Company Overview
10.2 Tipiel SA - Main Services
10.3 Tipiel SA - Company Information
10.3.1 Tipiel SA - key competitors
10.3.2 Tipiel SA - key employee
11 Company Profile: Colvias SA
11.1 Colvias SA - Company Overview
11.2 Colvias SA - Main Services
11.3 Colvias SA - Company Information
11.3.1 Colvias SA - key competitors
11.3.2 Colvias SA - key employee
12 Company Profile: AR Construcciones SAS
12.1 AR Construcciones SAS - Company Overview
12.2 AR Construcciones SAS - Main Services
12.3 AR Construcciones SAS - Company Information
12.3.1 AR Construcciones SAS - key competitors
12.3.2 AR Construcciones SAS - key employee
13 Market Data Alysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutiol Construction
13.5.1 Institutiol construction output by project type
13.5.2 Institutiol construction output by cost type
13.5.3 Institutiol construction output by activity type
13.5.4 Institutiol construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is this Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer


List of Tables
Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 - Spazio - Cartage Marriott Hotel - Bolivar
Table 3: Commercial Construction Project 2 - Civiscorp - Cali Marcas Mall Commercial Center - Valle del Cauca
Table 4: Commercial Construction Project 3 - ByC - Grand Hyatt Bogota Hotel - Colombia
Table 5: Industrial Construction Project 1 - Holcim - Cement Production Plant - Colombia
Table 6: Industrial Construction Project 2 - CCF SAB - Tocancipa Coca Cola Bottling Plant - Cundimarca
Table 7: Industrial Construction Project 3 - G&J/Deacero - Iron and Steel Plant - Colombia
Table 8: Infrastructure Construction Project 1 - MoT - Atlantic-Pacific Railway Connection - Colombia
Table 9: Infrastructure Construction Project 2 - MinTransporte - Autopista De La Prosperidad Development - Colombia
Table 10: Infrastructure Construction Project 3 - MoT - Ruta Del Sol Highway Development - Bagota
Table 11: Institutiol Construction Project 1 - APC - Ibague Acqua Power Center Complex - Tolima
Table 12: Institutiol Construction Project 2 - Colpatria/Alpes/CivisCorp - World Trade Center Pacific Cali - Valle del Cauca
Table 13: Residential Construction Project 1 - Oikos - Ricaurte Mixed-uUse Development - Cundimarca
Table 14: Residential Construction Project 2 - BDP - BD Bacata Tower Development - Bogota
Table 15: Residential Construction Project 3 - Ospis/Bricapital - Plaza Bocagrande Mixed-use Development - Bolivar
Table 16: Constructora Conconcreto SA, Key Facts
Table 17: Constructora Conconcreto SA, Main Services
Table 18: Constructora Conconcreto SA, Key Employees
Table 19: Montecz SA, Key Facts
Table 20: Montecz SA, Main Services
Table 21: Montecz SA, Key Employee
Table 22: Tipiel SA, Key Facts
Table 23: Tipiel SA, Main Services
Table 24: Tipiel SA, Key Employee
Table 25: Colvias SA, Key Facts
Table 26: Colvias SA, Main Services
Table 27: Colvias SA, Key Employee
Table 28: AR Construcciones SAS, Key Facts
Table 29: AR Construcciones SAS, Main Services
Table 30: AR Construcciones SAS, Key Employee
Table 31: Colombian Construction Output by Project Type (COP Billion), 2009-2013
Table 32: Colombian Construction Output by Project Type (COP Billion), 2013-2018
Table 33: Colombian Construction Output by Cost Type (COP Billion), 2009-2013
Table 34: Colombian Construction Output by Cost Type (COP Billion), 2013-2018
Table 35: Colombian Construction Output by Activity Type (COP Billion), 2009-2013
Table 36: Colombian Construction Output by Activity Type (COP Billion), 2013-2018
Table 37: Colombian Construction Value Add by Project Type (COP Billion), 2009-2013
Table 38: Colombian Construction Value Add by Project Type (COP Billion), 2013-2018
Table 39: Colombian Commercial Construction Output by Project Type (COP Billion), 2009-2013
Table 40: Colombian Commercial Construction Output by Project Type (COP Billion), 2013-2018
Table 41: Colombian Commercial Construction Output by Cost Type (COP Billion), 2009-2013
Table 42: Colombian Commercial Construction Output by Cost Type (COP Billion), 2013-2018
Table 43: Colombian Commercial Construction Output by Activity Type (COP Billion), 2009-2013
Table 44: Colombian Commercial Construction Output by Activity Type (COP Billion), 2013-2018
Table 45: Colombian Commercial Construction Value Add by Project Type (COP Billion), 2009-2013
Table 46: Colombian Commercial Construction Value Add by Project Type (COP Billion), 2013-2018
Table 47: Colombian Industrial Construction Output by Project Type (COP Billion), 2009-2013
Table 48: Colombian Industrial Construction Output by Project Type (COP Billion), 2013-2018
Table 49: Colombian Industrial Construction Output by Cost Type (COP Billion), 2009-2013
Table 50: Colombian Industrial Construction Output by Cost Type (COP Billion), 2013-2018
Table 51: Colombian Industrial Construction Output by Activity Type (COP Billion), 2009-2013
Table 52: Colombian Industrial Construction Output by Activity Type (COP Billion), 2013-2018
Table 53: Colombian Industrial Construction Value Add by Project Type (COP Billion), 2009-2013
Table 54: Colombian Industrial Construction Value Add by Project Type (COP Billion), 2013-2018
Table 55: Colombian Infrastructure Construction Output by Project Type (COP Billion), 2009-2013
Table 56: Colombian Infrastructure Construction Output by Project Type (COP Billion), 2013-2018
Table 57: Colombian Infrastructure Construction Output by Cost Type (COP Billion), 2009-2013
Table 58: Colombian Infrastructure Construction Output by Cost Type (COP Billion), 2013-2018
Table 59: Colombian Infrastructure Construction Output by Activity Type (COP Billion), 2009-2013
Table 60: Colombian Infrastructure Construction Output by Activity Type (COP Billion), 2013-2018
Table 61: Colombian Infrastructure Construction Value Add by Project Type (COP Billion), 2009-2013
Table 62: Colombian Infrastructure Construction Value Add by Project Type (COP Billion), 2013-2018
Table 63: Colombian Institutiol Construction Output by Project Type (COP Billion), 2009-2013
Table 64: Colombian Institutiol Construction Output by Project Type (COP Billion), 2013-2018
Table 65: Colombian Institutiol Construction Output by Cost Type (COP Billion), 2009-2013
Table 66: Colombian Institutiol Construction Output by Cost Type (COP Billion), 2013-2018
Table 67: Colombian Institutiol Construction Output by Activity Type (COP Billion), 2009-2013
Table 68: Colombian Institutiol Construction Output by Activity Type (COP Billion), 2013-2018
Table 69: Colombian Institutiol Construction Value Add by Project Type (COP Billion), 2009-2013
Table 70: Colombian Institutiol Construction Value Add by Project Type (COP Billion), 2013-2018
Table 71: Colombian Residential Construction Output by Project Type (COP Billion), 2009-2013
Table 72: Colombian Residential Construction Output by Project Type (COP Billion), 2013-2018
Table 73: Colombian Residential Construction Output by Cost Type (COP Billion), 2009-2013
Table 74: Colombian Residential Construction Output by Cost Type (COP Billion), 2013-2018
Table 75: Colombian Residential Construction Output by Activity Type (COP Billion), 2009-2013
Table 76: Colombian Residential Construction Output by Activity Type (COP Billion), 2013-2018
Table 77: Colombian Residential Construction Value Add by Project Type (COP Billion), 2009-2013
Table 78: Colombian Residential Construction Value Add by Project Type (COP Billion), 2013-2018
Table 79: Timetric Construction Market Definitions