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·
11mo ago

Argentine Construction Chamber Presses 20-Year Infrastructure Plan as Activity Slumps

Leaders meeting in Paraná say the public-works freeze has crippled projects, swelling the country’s infrastructure debt.

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La venta de insumos de materiales para la construcción registró un bajas de 5,5% interanual en agosto 

Overview

  • At a Federal Council meeting in Paraná, CAMARCO presented a 20-year program centered on reactivating advanced projects, mixed public‑private financing, and expanding housing and mortgage credit.
  • The chamber pressed for recognition and payment of state debts to contractors, alongside transparency measures and stronger technical capacity in local governments.
  • CAMARCO said the halt in public works and a paralysed private market are eroding employment and weakening the broader productive chain.
  • INDEC reported a 1.8% month‑on‑month drop in July construction activity, with the ISAC still about 21% below November 2023 levels.
  • Materials demand weakened as Índice Construya logged August sales down 5.5% year on year and 8.6% versus July, a slide linked to sharply higher interest rates since June.