Costs News

Construction firm MRV: ‘The civil construction industry is on the right track now’
Wednesday, January 15, 2020

Although Brazil's civil construction industry shrank 30% between 2014 and 2019, the sector has kicked off 2020 with the expectation of growing 3% and adding 150,000 workers, thanks to lower interest rates and controlled inflation levels. However, technology is also playing a key role in boosting revenues, as it reduces costs, increases productivity and helps putting many of the industry’s projects up. TO learn more about these initiatives, BNamericas talked to Flávio Vidal, executive director of innovation at MRV, one of Latin America's largest construction groups. More

Chilean govt estimates US$1.4bn of infrastructure damage due to social outbreak
Wednesday, January 15, 2020

Of the total, US$380mn correspond to damage to the Metro network, while damage to private infrastructure reached US$850mn, versus US$$750mn in public infrastructure. More

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