• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Camacol outlines four fronts to revive housing construction in Colombia

FinanceColombiaELHERALDO.CO35 s readAI summary
Image: ELHERALDO.CO

At the Colombian Construction Congress organized by Camacol in Cartagena, business leaders, bankers and experts presented proposals to revive the sector. Camacol said Colombia has COP 98 billion in housing projects that have not started construction, across more than 1,400 projects and nearly 257,000 pre-sale homes, and proposed focusing efforts on housing access, land enablement and urban renewal, new business models and simplified procedures.

In 35 seconds

  • Camacol reports COP 98 billion in unstarted housing projects, across more than 1,400 projects and nearly 257,000 pre-sale homes
  • The guild proposes four fronts: housing access, land and urban renewal, new business models and simplified procedures
  • Banco de la República manager Leonardo Villar said high rates are a necessary requirement for inflation to fall
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IASummary generated by artificial intelligence from a story by ELHERALDO.CO. It may contain errors: the original source prevails.

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