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El Salvador’s construction companies see a glimmer showing at light of the tunnel

Thursday, July 22, 2010


 Construction companies in El Salvador, one of the sectors worst hit by the economic crisis, are beginning to see a glimmer of light at the end of the tunnel.

 
Private construction firms are showing recovery, though public-sector investment remains almost paralyzed. The government’s Casa para
 
Todos affordable housing program is a dead letter.
 
Mortgage lending by banks is also beginning to reflect the improvement in construction.
 
Original source (in Spanish):  Elsalvador.com