Costa Rica Construction - Construction Booming in Central Valley, Pacific Coast.

Construction grew by 20 percent in 2007, with 1.2 million more square meters popping up country –wide, according to the Costa Rican Construction Chamber.
 Most constructions permits were taken out in the San Jose province (24 percent) last year, with housing construction accounting for 67 percent of growth.

 Guanacaste and Puntarenas, are two provinces bordering the Pacific Coast, follow the Central Valley in expansion as more companies develop remaining pieces of beachfront property.
 First quarter numbers for 2008 show the trend continuing. From January to March, the chamber reported that construction grew by 9 percent nation-wide over the same period last year. Most construction was in the commercial sector.
 Meanwhile, construction costs rose 9 percent in the first quarter this year. At that rate, according to the chamber, prices could increase as much as 18 to 19 percent by year´s end.