The global pet care market is foretold to improve in the forthcoming years as matched to the preceding years and will showcase better sales in various market segments. It is estimated that the global pet care market will grow at a CAGR o…
BMI View: Growth in Costa Rica's construction industry will accelerate from 2017 forward, following a
steep downturn in the growth rate in 2016. This will be driven by a number of high-value transport projects,
including the USD1bn Port of Moin Container Terminal. However, we note continued risks in a country
prone to severe project delays.
Latest Updates And Structural Trends
? We maintain our view for a slowdown in real growth in Costa Rica in 2016, but then expect growth
steadily accelerate from 2017 to reach an average annual rate of 2.3% over our 10-year forecast
? Our more positive outlook likes on the fact that major works are beginning to move forward, most
notably the construction of the USD1bn Port of Moin Container Terminal, and lower base-effects from a
? We note that poor project planning, permitting delays, and labour disputes will likely continue to see
delays in the delivery of major works.