WILLEMSTAD – The CBCS concludes that Curaçao’s construction sector remains resilient but structurally constrained.
Companies identify three priority areas for strengthening the business climate: expanding the skilled labor pool, reducing the cost of doing business, and improving access to financing.
While regulatory issues are mentioned, they rank lower than workforce and cost concerns. Many firms expect the overall business climate to improve in 2025, and a majority anticipate strengthening their position in the local market.
However, financing conditions remain uncertain. A significant share of firms expect borrowing costs to increase, while many express uncertainty about future access to credit.
The CBCS suggests that addressing labor shortages, improving financing access and managing operational costs will be essential to maintaining momentum in one of Curaçao’s most important economic sectors.