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Central America: $1.6 billion in High Rise Housing

02/08/2017

Source: centralamerica data http://www.centralamericadata.com/es/article/main/Central_America_16_billion_in_High_Rise_Housing

Between May 2016 and April 2017, 176 environmental impact studies to develop high rise residential projects were submitted in the countries of the region.

The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions in each country.

 

Of all the countries in the region Panama is where the largest investment is concentrated, with an approximate $729 million in apartment building projects, corresponding to 61 environmental impact studies submitted between May 2016 and April 2017.

 

In the period in question Costa Rica follows, having received 63 EIAs, which together amount to an approximate investment of $610 million.

 

In Guatemala 46 studies were presented for vertical residential construction. The 3 projects add up to an estimated investment of $24 million.

 

In Honduras, 5 studies were presented for the construction of apartment towers, which amount to an investment of approximately $26 million.

 

In Nicaragua an EIA was presented for the construction of a residential building on 6 levels, with an estimated investment of $1.5 million.