The Costa Rica News (TCRN) – The Costa Rican Chamber of Construction (CCC) today announced that in 2014 the construction sector expects to grow at least 7% and open about 8,000 job positions.

“This year there will be a moderate increase in the square footage processed, of between 7% and 10%. Regarding employment generation, this will create about 8,000 to 12,000 new jobs,” said the president of the CCC, Guillermo Carazo.

Positive expectations contrast with the results of 2013, when the sector fell by 1.7% compared with 2012.

Carazo said last year the results were influenced by limiting credit growth imposed by the Central Bank in the first half of 2013.

To encourage building in 2014, Carazo said they need to improve the technical and administrative capacity of the Ministry of Public Works and Transport to run credit funds available from international organizations.

He also recommended amending regulations to streamline procedures for building plans and permits, as well as better conditions for citizens who want to get a home loan. (ACAN-EFE)

The Costa Rica News (TCRN)

San Jose Costa Rica