Latin America’s construction industry is forecasted to hit $488.7 billion by 2024, a compound annual growth rate of 5.7 percent, according to a new report published on ResearchAndMarkets.com.
Broken down, the commercial building construction market is expected to grow 8 percent annually over the forecast period, with residential construction to see a compound annual growth rate of 1.2 percent and infrastructure construction to grow 3.9 percent annually during the review period.
The infrastructure construction sector consists of marine and inland water infrastructur
