Economy April 30, 2019 | 11:56 am

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Expert puts numbers on Santiago’s construction boom

José Luis Ventura, Yolanda Guzmán, José Santiago Reinoso, Jacqueline Mora, Rafael Genao.

Santiago. – The Cibao Savings and Loans Association (ACAP) described for north region builders the perspective of the country’s economy for 2019 and the opportunities for their sector.

The economist Jacqueline Mora, who had already dictated the same conference in Santo Domingo, showed builders a series of updated indicators such as GDP growth, inflation, monetary policy, credits, interest rates, jobs and other variables.

Mora listed private sector constructions in several provinces. “In Santiago, for 2018, the private sector built 694,157 square meters, becoming the country’s third highest province in construction works.”

“Santiago province concentrates 10.04% of the income of the country’s households, while other cities such as La Vega, San Pedro de Macoris, Valverde and Samana concentrate between 4.38% and 0.56%,” Mora said in an emailed statement.

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