Africa Construction

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Chapter | Construction & Real Estate from The Report: Gabon 2012

The construction industry has been a major driver of growth in recent years as Gabon has made moves to upgrade its infrastructure. These include major road projects, two new hydroelectric dams, port extensions and the construction of a new international terminal at Port-Gentil International Airport. Housing projects have also been important given the estimated deficit of 200,000 homes nationwide...

As in many emerging economies, public spending on infrastructure and social programmes has stimulated Morocco’s construction industry, despite the global economic downturn that has greatly affected the sector in both the US and Europe. Social housing programmes have been a driving force in the industry a trend that is set to continue for the...

Prior to the beginning of the global economic downturn in 2008, Morocco’s real estate market drew considerable investment from multinational firms for the development of high-end villas, hotels, resorts and leisure facilities, aimed at a primarily foreign audience. Foreign direct investment in the real estate sector peaked at Dh9.15bn (€813m) in...

Why have real estate developers shown only limited interest in investing in the mid-range segment?

Despite the difficult global economic context, Morocco’s real estate sector is performing well, having recovered from a drop five years ago. Activity is down from its peak levels – recorded in 2007-08 – but the sector continues to attract a number of international players. Social housing has proven to be the driving force behind the industry in...

A look at Morocco’s landscape, dotted by worksites in both urban and rural areas, demonstrates the vitality of the construction and public works sector. While building has slowed in some sectors as a result of the global economic downturn, strong demand for construction in housing, public services, industry and energy should continue to stimulate...

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