Productive sectors

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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  Secretary of State for Public Works and Communications