Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: GlobalData | PRODUCT CODE: 1086920

Cover Image

PUBLISHER: GlobalData | PRODUCT CODE: 1086920

Dominican Republic Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026

PUBLISHED:
PAGES: 18 Pages
DELIVERY TIME: 1-2 business days
SELECT AN OPTION
PDF (Single User License)
USD 1495
PDF (Site License)
USD 2242
PDF (Global License)
USD 2990

Add to Cart

GlobalData expects the Dominican Republic's construction industry to grow by 1% in real terms this year, which is down from the 5.5% previously predicted. This downward revision is attributed to rising construction costs, higher energy prices, rising unemployment, and supply chain disruption caused by the Russia-Ukraine conflict. According to the Central Bank of the Dominican Republic (BCRD), the construction industry's value add declined by 0.4% year on year (YoY) in Q2 2022, marking the first Y-o-Y fall since Q4 2020.

GlobalData expects the construction industry to register an annual average growth of 3.5% from 2023 to 2025, supported by the government's investment in the development of energy and utilities and transportation sectors. In August 2022, the Ministry of Economy, Planning, and Development announced that it had approved 308 projects totaling DOP132.9 billion ($2.4 billion) in the first seven months of 2022. The Ministry of Finance submitted to the parliament its draft 2023 Budget in September 2022, with spending totaling DOP1.2 trillion ($21.6 billion). The government intends to allocate DOP275.4 billion ($5 billion) to education, DOP137.8 billion ($2.5 billion) to healthcare, DOP49.6 billion ($892 million) to public works and communications, DOP27.4 billion ($492.8 million) to the industry, commerce, and Micro, Small, and Medium Enterprises (MSMEs), DOP10.7 billion ($192.4 million) to the tourism, and DOP3.1 billion ($55.8 million) to the energy and mines sectors

The report provides detailed market analysis, information and insights into the Dominican Republic's construction industry, including -

  • Dominican Republic's construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Dominican Republic's construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline

Scope

This report provides a comprehensive analysis of the construction industry in Dominican Republic. It provides -

  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in Dominican Republic, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

  • Identify and evaluate market opportunities using GlobalData'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 strategy using GlobalData's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.
Product Code: GDCN1020MR

Table of Contents

Table of Contents

1. Construction Outlook

2. Construction Industry: At-a-Glance

3. Latest News and Developments

4. Project Analytics

5. Construction Market Data

6. Risk Profile

7. About GlobalData

  • 7.1 Definitions
  • 7.2 CRI Methodology
Product Code: GDCN1020MR

List of Tables

List of Tables

  • Table 1: Construction Industry Key Data
  • Table 2: Dominican Republic, Top Construction Projects by Value
  • Table 3: Dominican Republic, Construction Output Value (Real, $ Million)
  • Table 4: Dominican Republic, Construction Output Value (Nominal, DOP Billion)
  • Table 5: GlobalData Construction Market Definitions
  • Table 6: Risk Dimensions
  • Table 7: Ratings, Scores and Definitions

List of Figures

List of Figures

  • Figure 1: Dominican Republic, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
  • Figure 2: Dominican Republic, Construction Output Value, by Sector (Real, $ Million), 2017-26
  • Figure 3: South and Central America, Construction Output (Real % Change), 2020-26
  • Figure 4: Dominican Republic, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
  • Figure 5: Dominican Republic, Construction Value Add (% Change YoY, at Constant Prices)
  • Figure 6: Dominican Republic, Real Estate and Rental Activities Value Add (at Constant Prices)
  • Figure 7: Dominican Republic, Index of Direct Costs of Home Construction (2010=100)
  • Figure 8: Dominican Republic, Construction Projects Pipeline, Value by Stage ($ Million)
  • Figure 9: Dominican Republic, Risk Summary
  • Figure 10: Dominican Republic, Risk Regional Comparison
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!