Construction

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Underpinned by a government-funded housing strategy, Bahrain’s residential construction segment has recorded solid expansion in recent years. The kingdom signed its first-ever real estate public-private partnership (PPP) in 2012, and established a new finance scheme in 2013, offering subsidised mortgages and bolstering private sector development...

Although recovery has been slower in Bahrain compared to some of its GCC neighbours, the kingdom’s real estate sector has made steady progress since 2013, with gains in the residential and retail markets demonstrating a gradual return of investor and developer confidence. While the office market remains oversaturated, with flat growth reported...

Chapter | Construction & Real Estate from The Report: Bahrain 2015

The residential segment is well on its way to returning to pre-2009 levels of growth, with the volume of real estate trading expanding by 30% in 2013 and total value of transactions reaching $2.28bn, compared to $1.76bn in 2012. State-funded housing projects are expected to drive expansion, with the government signing its first-ever housing public-private partnership agreement in 2012....

As the region faces up to the challenge of the recent drop in oil prices, Bahrain’s fundamentals indicate the kingdom is well positioned to weather the dip. The focus on diversification goals outlined in Economic Vision 2030 is helping establish a more competitive and sustainable economy in the kingdom. The financial sector, which represents Bahrain’s second-largest GDP contributor, has continued to recover robustly since the global economic downturn.

Construction is soon to begin on the first phase of a long-awaited government plan in Egypt to develop one million new homes, adding to a building boom and infrastructure projects already under way across the country to spur economic growth.

Luego que el sector constructor del Perú se debilitó por la baja en los precios de los bienes básicos el año pasado, anuncios sobre lanzamientos de proyectos en los próximos meses han despertado esperanzas por un repunte en 2015.  

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