The construction industry in Brazil is expected to grow by 2.5% in real terms in 2025, supported by investment in the industrial, residential, and energy sectors. According to a survey conducted by the National Confederation of Industry (CNI) in June 2025, infrastructure investment in the country is expected to reach BRL277.9 billion ($51.3 billion) in 2025 - equivalent to 2.2% of GDP. In April 2025, the government provided an update on the New Growth Acceleration Program (PAC), which entails 23,000 projects. Of the total, 48.6% of projects are in the preparatory stage - which includes contracting, studies, engineering projects, and/or environmental licensing stages - while 22.5% are in the execution phase, followed by 12.3% in the bidding phase. Under PAC, the government will spend BRL500 billion ($92.3 billion) by 2026, in a bid to complete all of PAC’s planned projects by that year.
Nevertheless, The analyst expects the Brazilian construction industry to record average annual growth of 4% from 2026 to 2029, supported by investments in renewable energy projects, in line with the government's plan to increase the share of renewable energy in the total energy mix from 16% in 2021 to 45% by 2030. To support the green transition, in May 2025, the government announced an allocation of BRL10 billion ($1.8 billion) to support green projects, including hydrogen. These funds will be made available as support to the projects with an investment exceeding BRL10 million ($1.8 million), and projects applying for these funds must submit their application by September 2025. Growth over the forecast period will also be supported by investment in the transport and water infrastructure projects
Nevertheless, The analyst expects the Brazilian construction industry to record average annual growth of 4% from 2026 to 2029, supported by investments in renewable energy projects, in line with the government's plan to increase the share of renewable energy in the total energy mix from 16% in 2021 to 45% by 2030. To support the green transition, in May 2025, the government announced an allocation of BRL10 billion ($1.8 billion) to support green projects, including hydrogen. These funds will be made available as support to the projects with an investment exceeding BRL10 million ($1.8 million), and projects applying for these funds must submit their application by September 2025. Growth over the forecast period will also be supported by investment in the transport and water infrastructure projects
The Construction in Brazil - Key Trends and Opportunities to 2029 (Q2 2025) report provides detailed market analysis, information, and insights into the Brazilian construction industry, including:
- The Brazilian 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 Brazilian 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 Brazil. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Brazil, 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
List of Tables
List of Figures