Construction Sector in Brazil Beat Pandemic in 2020, Should Boom in 2021 – Executives

Although the coronavirus crisis has devastated the economy, construction is still booming and companies expect a year filled with launches and ample revenue.

RIO DE JANEIRO, BRAZIL - Despite the devastating pandemic, one sector has been extremely resilient, with a fast rebound and surprising figures. According to executives from building companies and developers, 2021 should be one of the best years for construction in Brazil, with a major advance in real estate market launches and revenue expansion.

This projection occurs despite the uncertainties surrounding the Brazilian economy, with the likely end of the emergency aid and the residual impact of the global crisis.

The construction activity level recorded an increase for the fourth consecutive month, which attests to the trend towards recovery in the . . .

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