In terms of investment in the sector, the total was $179 million, 12.6% higher compared to the same period in 2010.
According to data from the Central Bank of Honduras, investment in the residential sector was $77 million, and in the commercial sector it was $52.5 million.
"Private construction showed a smaller decline as compared to the same period last year, driven mainly by the fact that its projects were for the commercial sector, which grew 69.2% by August 2011; this purpose being second in importance within the building industry after residential.
This has advanced the progress in the implementation of infrastructure projects for the commercial sector (mainly the Premier Mall and City Mall in the Central District) ", reported Heraldo.hn.
Source: elheraldo.hn
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September 2011
Between January and July the value of approved constructions fell by 14% compared to the same period in 2010.
The most valuable investments are also those that have shown the greatest decline, especially in the case of residential buildings.
Data from the Panamanian Chamber of Construction show that the largest reduction has been in high-value projects, showing that the amount of building permits issued in the period under review fell by $78 million compared to the same period in 2010 .
June 2010
In the first three months of the year, the construction industry registered 31% less activity than in the same period of 2009.
The best performing subsectors were residential and industrial construction, with a combined drop of -20.3% in the first quarter of the year, and -5.3% when compared to the last quarter of 2009.
July 2011
The number of square meters registered in the College of Engineers and Architects is 3.6 million, down 5% compared to the same period in 2010.
The June 2011 report to the Association of Engineers and Architects (CFIA) in Costa Rica contains information on the number of square meters registered by those professionally liable, and is analyzed by province and type of work.
November 2011
In 2011, 17% less square meters were constructed as compared to 2010, when projects undertaken covered 6 million square meters.
The sector has failed to recover and with the economic uncertainty that looms for 2012, forecasts for next year by the College of Engineers and Architects (CFIA in Spanish) are very conservative.
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