The Opción Consultores survey recorded a climate of optimism among businessmen, even after the completion of UPM 2 and the Central Railway.
The construction companies They anticipate growth in the sector for this year, even with the completion of megaprojects that boosted the business, such as the second plant of UPM and the Central Railway. A survey of Consultants Option points to the development of housing and road works, as well as the good performance of the economy, as determining factors for business optimism.
He Productive Sectors Monitor of the consulting firm revealed that the businessmen of the construction have good expectations for the balance of this year. Of the nine directors and managers consulted, 80% considered that the economic situation of the country over the next 12 months will be good; the remaining 20% said it will be neither good nor bad.
What do you expect from the construction sector?
Asked specifically about the reality of their sector, half of the entrepreneurs anticipated a Business growth in the next 12 months. On the other hand, 40% expect the current scenario to continue, and only 10% believe there will be a contraction in their activity.
In general, both the demand for labor as the investment would remain stable over the period, according to 70% and 60% of entrepreneurs, respectively.
Likewise, the consulted leaders affirmed that the construction business has margins between positive (40%) and neutral (60%). In this sense, increasing the productivity as well as investment, lower costs, decrease the unrest and attend to the exchange rate These are the challenges they pointed out to achieve greater profitability in the sector.
As for the future projection of companies, those surveyed pointed to the search for quality in construction and the emphasis on price as two clear trends in the Uruguayan market. At the same time, they highlighted two “sensitive” management areas for companies to develop: quality and operations and human resources.
On this last point, businessmen considered it necessary to work on productivity as well as on attracting and retaining talent.
Source: Ambito
