Faced with a backlog of more than 50,000 social housing requests, Bahrain’s Ministry of Housing (MoH) has turned to the private sector for help, and in 2016 the first citizens began to receive the keys to brand new properties built under a pioneering public-private partnership (PPP).
Business is booming for the construction industry in Bahrain, but this is no repeat of the heady days of the 2008 property bubble. The island is building for the future, using billions of dollars of Gulf Development Programme donations to remodel its airport and highway system, as well as to provide tens of thousands of affordable homes for...
Bahrain’s construction sector is booming, with the country using billions of dollars of Gulf Development Programme donations to remodel its airport and highway system, as well as provide tens of thousands of affordable new homes for its citizens. In 2014 year-on-year sector growth was 7.3%, and was only surpassed by the hotel and restaurant sector, and personal and social services. In the...
Low oil prices will undoubtedly continue to be a significant challenge for Bahrain in 2016. However the kingdom’s early moves to diversify its economy mean the country is well placed to weather the storm and non-oil segments are expected to continue performing well in 2016.
Construction activity eased in 2015, as investors awaited the outcome of November’s historic election and the passage of a new law governing the development of condominiums. The law was introduced in Parliament in 2012 and could potentially allow foreigners to buy property in the country for the first time. Despite the political risks, Myanmar...
In your opinion, how do construction timelines for projects in Myanmar compare to those of other countries in the region?
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