Camacol: $98 billion in unstarted housing projects could reactivate Colombia's economy

FinanceColombiaELHERALDO.COOct 21, 2026, 6:49 PM40 s readAI summary

Colombia has $98 billion in housing projects that have not yet broken ground, according to Coordenada Urbana figures presented by Guillermo Herrera, Camacol's executive president, at the 2026 Colombian Construction Congress in Cartagena. The pipeline covers more than 1,400 projects and about 257,000 pre-sold homes, and could generate the equivalent of 2.3 million direct and indirect jobs. The guild calls for restoring financing conditions, strengthening confidence and reducing barriers to start works.

In 40 seconds

Camacol reports $98 billion in housing projects that have not started construction, across more than 1,400 projects and about 257,000 pre-sold homes.
The guild estimates that launching these initiatives would generate the equivalent of 2.3 million direct and indirect jobs.
Camacol calls for restoring financing conditions, strengthening household and investor confidence and reducing barriers delaying new works.

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IASummary generated by artificial intelligence from a story by ELHERALDO.CO. It may contain errors: the original source prevails.

Camacol
vivienda
construcción
empleo
Colombia

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Camacol: $98 billion in unstarted housing projects could reactivate Colombia's economy

In 40 seconds

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Keep reading

Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill