Egypt’s construction pipeline is stocked with a wide variety of projects, from highway expansion to hospitals and schools. However, a primary source of future contracts is likely to be the housing segment, as the government has committed to alleviating the country’s chronic and long-standing housing deficit. Furthermore, despite recent...
Construction remains one of the most important contributors to the domestic economy. In 2016 the sector’s output increased by 10.3%, a significant uptick after growing at an average of 5.3% in the preceding four years. This growth trend was largely maintained in 2017, expanding by 7.3% in the first nine months of FY 2016/17. The Egyptian real estate market has proven itself remarkably...
As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.
Which infrastructure projects are set to support growth in the Moroccan economy in 2018?
What trends are you seeing in terms of demand in the Moroccan retail real estate sector?
Supported by housing demand and infrastructure plans, Morocco’s construction companies have been able to maintain steady performances despite the negative effects of a host of local and international factors. The economic downturn in Europe and regional instability have dampened investment flows to the sector in recent years, while lower...
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