Foreign ownership of property, whether for individuals or for companies, is outlined in a number of pieces of legislation that have been passed in recent years, with a view to creating a more liberal environment for real estate investment. Perhaps the most significant law is that of Decree No. 548 that was passed in 2008. This ruling states that...
Large-scale demand and a shortage of supply in most segments has been the recent story of Egypt’s real estate sector. However, the disruptive impacts of the revolution in early 2011 led to delayed projects, cancelled bookings for off-plan purchases and quashed or downsized expansion plans.
Demand was surprisingly buoyant for construction materials in Egypt in 2011. The revolution that began on January 25 of the year caused multiple delays and cast uncertainty on several major construction projects in the private sector, and across most areas of the economy new ventures were put on hold.
Located on Africa’s western coast, Ghana is home to 24m people and a variety of ethnic groups. The country is divided into 10 administrative regions and has a strong executive branch, a unicameral legislature made up of 230 members, and an independent judiciary.
How can local financing for large capital projects be improved in emerging and frontier markets?
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