Trinidad and Tobago’s housing market has fluctuated over recent decades in line with international oil prices and the overall health of the global economy. The sector grew rapidly between 1991 and 2006, with the most notable development occurring in the capital, Port of Spain, and the areas close to Point Lisas, the centre of the country’s petrochemicals industry. However,...
The Americas Construction
Displaying 7 - 12 of 198
Articles & Analysis | Trinidad and Tobago to tackle affordable housing deficit and expand commercial real estate from The Report: Trinidad & Tobago 2020
Articles & Analysis | Construction in Trinidad and Tobago to recover on the back of large-scale infrastructure projects from The Report: Trinidad & Tobago 2020
Following a period of subdued activity, a steady flow of projects in 2019 have seen Trinidad and Tobago’s construction industry experience healthier growth in recent years. However, obtaining private sector funding remains a challenge, due to a decline in banks’ lending activity. Nevertheless, in November 2019 Glenn Mahabirsingh, president of the T&T Contractors...
Chapter | Construction & Real Estate from The Report: Trinidad & Tobago 2020
Following a period of subdued activity, a steady flow of projects in 2019 has seen Trinidad and...
Trinidad and Tobago is the largest producer of oil and gas in the Caribbean. While there is a need to diversify the economy away from its dependence on hydrocarbons, a number of new discoveries in late 2019 appear set to support a short-term recovery in the energy sector and lend financing to the wider economy.
Chapter | Construction & Real Estate from The Report: Mexico 2019
The country’s potential in this area is highlighted by its rank of 49 out of 140 countries in terms of infrastructure in the “Global Competitiveness...
In 2018 Mexico’s economy ranked second in Latin America and 15th in the world in terms of GDP, which totalled $1.22trn, according to the World Bank. In 2019 the newly elected President Andrés Manuel López Obrador has pushed ahead with efforts to meet his pledge to tackle corruption and implement austerity measures within the government, to reduce costs and curb excessive expenditures.