Consultant says rejection of Farc peace deal is 鈥榖ad for country鈥� but sector will remain healthy
Colombia鈥檚 拢55bn construction market will remain strong despite voters rejecting a peace deal to end 52 years of armed conflict in the country, according to Arup.
In a shock result, 50.2% voted against a deal agreed between the government and left-wing guerrillas the Revolutionary Armed Forces of Colombia (Farc).
Ahead of the referendum, construction firms told 黑洞社区 in the country鈥檚 capital Bogot谩 that if the deal was accepted by the public, it would result in a boost to the economy and a 鈥減eace dividend鈥� for the construction market.
Commenting after the dramatic result was confirmed on Sunday, Federico Torres, Arup鈥檚 Colombia general manager, told 黑洞社区 it was 鈥渂ad for the country鈥� but said the construction market would remain 鈥渟trong鈥�.
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