Ghana’s growing oil and gas sector, investments in infrastructure, rapid urbanisation and a growing housing deficit continue to place demand on the country’s construction sector. However, the rising prices of both electricity and building materials pose long- and short-term challenges. Despite setbacks, the construction sector has continued to...
Since most of Ghana’s building materials are imported to the country, the devaluation of the cedi has driven prices upward and had a profound effect on the cost of construction and availability of materials. In order to ease transactions for construction firms and boost broader economic growth, the government is working to further increase...
Public-private partnerships continue to play key role, government encourages local production of materials. Construction is the largest subsector of industry Growth begins to stall in the real estate market
The Ghanaian economy is well positioned to accelerate growth, with several key factors likely to encourage expansion in the coming years.
Despite high levels of government debt and the costs associated with hosting hundreds of thousands of refugees, Jordan’s economy has continued to demonstrate remarkable resilience in the face of ongoing regional instability. A raft of far-reaching reforms introduced in 2016, along with newly brokered international agreements, should help the kingdom continue along its slow but steady growth path in the years ahead.
With demand for mass housing thriving and transport, energy and other infrastructure projects continuing to roll out, the kingdom’s construction sector faces the challenge of meeting a wide range of demands at a time of economic slowdown.
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