The "Uruguay Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to ResearchAndMarkets.com's offering.
Following a marginal decline of 0.8% in real terms in 2024, Uruguay's construction industry to expand by 3.7% in 2025; a feat underscored by robust institutions, developed regulatory frameworks, and labor intensive construction practices.
Growth will be supported by investment in water and transportation infrastructure projects, increased tourism activity, and governments plan to add 200MW of solar energy and achieve 400GWh of electricity production annually by 2025.
Furthermore, over the remainder of the forecast period, the construction industry is expected to register an annual average growth rate of 3.6% in real terms, between 2026 and 2029, supported by investments in hydrogen industries, coupled with investment in transport and water infrastructure projects. Growth over the forecast period is also supported by Uruguay's green hydrogen and derivatives roadmap; under which, the government aim to attract UYU746.4 billion ($18 billion) investment by 2040. According to the analyst project pipeline, Uruguay had a total of UYU369.1 billion ($8.9 billion) of construction projects in the pipeline as of May 2025.
Major projects include Green Hydrogen and Power Plant Development in Paysandu, expected to start in Q3 2025 and end by Q4 2027 with an investment of UYU165.9 billion ($4 billion); a Modern City Development in Colonia, started in Q2 2025 and expected to end by Q4 2033 with an investment of UYU82.9 billion ($2 billion); and the Canelones Data Center Development in Canelones, started in Q3 2024 and expected to end by Q4 2026, with an investment of UYU35.2 billion ($850 million). Furthermore, in 2024, the government announced an investment of UYU20.7 billion ($500 million) for the development of sanitation projects nationwide by 2028.
Scope
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Uruguay, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Latest news and developments
4 Project analytics
5 Construction Market Data
6 Risk Profile
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/i73i78
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250710158603/en/
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900