Fitch: 2016 Outlook Positive for Colombian Bldg Materials & Construction; Strong Growth Prospects
The USD25 billion infrastructure investments in 'fourth generation (4G)' programs and USD6.5 billion additional governmental investments on infrastructure and housing projects are expected to boost the sector in the short to medium term.
Colombian building materials & construction downgrades are more likely to be linked to significant debt-financed capital investments & acquisitions than to weakening economic activity, given the companies limited leverage headroom.
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