• 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 says it has 1,400 housing projects worth $98 billion ready in Colombia

FinanceColombiaEl País (Cali)35 s readAI summary
Image: El País (Cali)

Builders grouped in Camacol said the sector has 1,400 housing projects ready across Colombia, with an investment of $98 billion for 257,000 homes and the possibility of generating hundreds of direct and indirect jobs. The text notes that construction has a multiplier effect on 36 subsectors and that, to launch the projects, better financing for families, new land, urban renewal and simpler procedures are needed, with coordination between the national government and the territories.

In 35 seconds

  • Camacol says 1,400 housing projects are ready to be executed in Colombia.
  • The estimated investment is $98 billion for 257,000 homes.
  • The sector calls for better financing conditions, new land, urban renewal and fewer procedures.
Read the full story at El País (Cali)

IASummary generated by artificial intelligence from a story by El País (Cali). It may contain errors: the original source prevails.

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

    Keep reading