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Rebound in construction industry due to public works

Rebound in construction industry due to public works

The construction industry worldwide will have a rebound due to public investments, in order to accelerate the different economies that have been slowed down in the current context.

Regarding private investments, different opportunities will be found due to low interest rates, as well as the availability of human resources; and in relation to private investment, it will focus on lower-risk and long-term projects, which will allow them to reactivate their operations.

It should be noted that the construction industry is one of the least digitized in the world, since many processes are still manual, with pencil and paper; reason why the solutions are incomplete and the communication is limited.

Developments of software platforms that improve processes between the owner, architect, engineer, contractor and specialized contractor will allow better decisions and updated monitoring of any project.

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