Construction Sector
The construction sector in the DR has growth significantly over the past 30
years. The availability of loans for private construction and mortgages from
private banks has increased, which has been key to maintaining the dynamism
of this sector. Likewise, interest rates for these loans have been maintained
at relatively stable low levels.
These favorable financial circumstances have allowed for a marked increase
in both public and private construction. The effects of this increase are palpable
in the cities of the DR, where every day more buildings, highways, urban developments,
and other projects are visible.
Table 4 – Evolution of the Construction Sector in the DR (1970-2005) –
Millions of DR Pesos – Source: Central Bank of the Dominican Republic
Main Indicators of Construction Activity (2003-2005)
Main Indicators of Construction Activity (2003-2005) – Detail – Unit – Value
Added (1970 prices) – Construction Spending by Central Government – Millions of
DR Pesos – Construction Loans – Savings and Loans – Commercial Banks – Mortgage
Houses – Sales – Cement – Thousands of Cases – Paint – Thousands of Gallons –
Boards – Prices – Cement – Paint – Boards
Source: Central Bank of the Dominican Republic
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