Construction & Real Estate

A major contributor to employment and GDP, the Bahraini construction sector has continued to expand in recent years, despite slower regional growth. This performance continued into the first half of 2018 with an uptick in activity, supported by a series of major infrastructure projects, in part financed by neighbouring GCC states. Furthermore, with demand for transportation and industrial facilities set to rise and a number of new projects in the pipeline, the sector appears set to remain busy over the coming years, despite constraints on the government’s capital expenditure budget. This chapter contains interviews with Sheikh Mohammed bin Khalifa Al Khalifa, CEO, Real Estate Regulatory Authority; and Mohammed Khalil Alsayed, CEO, Ithmaar Development Company.