Access to housing is a necessity for those living in Bolivia and a source of savings for those abroad for when they return…
Construction performance has been linked to a very strong expansion of public investment, in turn generated by revenues from the export of gas and other raw materials, which implied revenues at all levels of government.
This same flow, translated into higher personal income, due to salary adjustments and new payments such as the second Christmas bonus, added to credit expansion and new financing regulations for lowincome housing, contributed to a significant dynamism in the private component of construction.
The construction sector is going through a slow recovery phase, within the category it can be seen that the evaluation of its growth which is not evolving as intended with the current economic model applied by the State, which is largely supported by private sector undertakings and to a lesser extent by the public sector, due to the fact that both investment and projects for management have decreased with respect to the year 2021.
Its dynamics depend on the demand of other sectors and, in the case of public investment, on the density of works, a measure that refers not only to budget amounts, but also to the quantity and frequency of works executed by the different levels of government. Bolivia has 8% of its active population residing abroad, like emigrants, and a good part of them with the purpose of acquiring property in Bolivia...
5 years ago, a company policy was adopted to stop being just another industry dedicated to the manufacture and marketing of bricks, that is why it was decided by a Quality Management System with ISO 9001:2015 certification in the production process that was awarded by RINA of Italy and IQNet nationally and internationally.
Currently the company has more than 100 direct workers and generates a similar number of indirect Jobs. “We export our product to Peru and Chile, Industrias en Ladrillos Patzi seeks to increase export volumes to these countries, without neglecting the possibility of supplying other potential markets in the región”.
The proposal of ECO PAVITEC, is a new venture that emphasizes the care of the environment, and has been in the national market for more than three years, and has been accepted by builders who execute road works, due to the variety of colors and designs.
In this way, unlike the rest of the companies, we take care of 100% of the solid waste generated by Industrias en Ladrillos Patzi. “We know that the USA registers imports of red ceramic bricks for the construction of houses, and that Mexico is one of its main suppliers, it is for this reason that Patzi Brick Industries under the administration that I direct, is in search of commercial ties with the northern country, in order to be part of this export market, in addition to finding foreign investment that contribute to the growth and consolidation of sustainable export markets for our company. of sustainable export markets for our company”.
For Harold Lora “People from Bolivia who live in Argentina, Brazil, Spain, the United States, can acquire their own homes, right? So, the next step is to reach all those families who have left because, as you said, they could not have a home.
But now, and we already have, mostly in the city of Cochabamba,
some clients from the United States who are betting on bringing their money back to Bolivia, their savings, everything they have worked for and buying their first home, right, that is the next step.
After that step, we have a project that is that Las Loritas can not only sell an apartment to a family, to a person, to a young couple, but that Las Loritas can give you an extra plus. Then, God willing, I believe that we are going to enter into a hotel business within the next year”.
As has happened in other parts of the world, preferences for residential types have also been changing in Bolivia.
Las Loritas Edificios in these four years of life they are real estate and construction leaders in the western part of the country. “If you buy an apartment in Las Loritas, in presale or already in hand, be sure that, if you have that apartment as an investment, you will recover your investment in three and a half years”.