The construction industry in Argentina is expected to expand by 3.6% in real terms in 2026, owing to an increase in total area authorized for building permits, coupled with investments in energy infrastructure and mining projects. According to the National Institute of Statistics and Censuses (INDEC), the total area authorized for building permits by 246 municipalities grew by 6.2% year-on-year (YoY) in 2025, preceded by an annual decline of 10.5% in 2024. In late April 2026, a federal judge in San Juan province cleared the path for an Australian mining company, Broken Hill Proprietary Company (BHP) and a Canadian mining company, Lundin Mining, to resume work on the Filo del Sol copper-gold project. The project had faced a brief suspension earlier in 2026 due to environmental complaints regarding glacier protection laws. By lifting the injunction, the court has allowed the partners to proceed with their ASR7.7 trillion ($5 billion) development plan, which is a critical part of project pipeline under President Javier Milei's Large Investment Incentive Regime (RIGI), directly supporting the government's goal of becoming a global copper exporter.
The industry is expected to register an annual average growth rate of 4.5% between 2027 and 2030, supported by investments in the oil and gas infrastructure projects, coupled with the government's aim of achieving net zero emissions by 2050. Moreover, under the National Hydrogen Strategy (ENH), the government plans to invest ARS139 trillion ($90 billion) to produce at least five million tons (Mt) of low-emission hydrogen per year by 2050. The strategy focuses on constructing hydrogen production hubs, improving road corridors, and ports to increase connectivity between hydrogen hubs and Argentina’s network of universities and local technological centres by 2050. in January 2026, the Santa Cruz provincial government announced that it had received a ARS322.8 billion ($209 million) loan from China to resume work on a hydroelectric dam. The Barrancosa-Jorge Cepernic dam is part of a broader project that includes two hydroelectric dams. The project is expected to increase Argentina’s hydroelectric generation capacity by 15% and provide electricity to more than 600,000 homes.
The industry is expected to register an annual average growth rate of 4.5% between 2027 and 2030, supported by investments in the oil and gas infrastructure projects, coupled with the government's aim of achieving net zero emissions by 2050. Moreover, under the National Hydrogen Strategy (ENH), the government plans to invest ARS139 trillion ($90 billion) to produce at least five million tons (Mt) of low-emission hydrogen per year by 2050. The strategy focuses on constructing hydrogen production hubs, improving road corridors, and ports to increase connectivity between hydrogen hubs and Argentina’s network of universities and local technological centres by 2050. in January 2026, the Santa Cruz provincial government announced that it had received a ARS322.8 billion ($209 million) loan from China to resume work on a hydroelectric dam. The Barrancosa-Jorge Cepernic dam is part of a broader project that includes two hydroelectric dams. The project is expected to increase Argentina’s hydroelectric generation capacity by 15% and provide electricity to more than 600,000 homes.
The Construction in Argentina - Key Trends and Opportunities to 2030 (Q2 2026) report provides detailed market analysis, information, and insights into the Argentine construction industry, including:
- The Argentine construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Argentine construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Argentina. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Argentina, 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
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance6 Construction Market Data
3 Context
4 Construction Outlook
5 Key Industry Participants
7 Appendix
