The construction sector is witnessing rapid expansion in Oman on the back of government investment in major infrastructure projects. The government has budgeted an estimated $77.68bn for development projects as part of the 2011-15 five-year plan, up 113% over the previous five-year plan, with the Oman National Railway Project comprising 45% of the total value of all current transportation...
Construction
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Chapter | Construction from The Report: Oman 2015
Although the sultanate’s petroleum wealth has traditionally provided a backbone for growth, efforts are well under way to diversify away from hydrocarbons. Oman Vision 2020 has laid out plans to boost industrialisation within the sultanate and to encourage the private sector to take a more active role in the economy and in the provision of jobs, both of which are billed as key drivers for growth.
Articles & Analysis | Boost from infrastructure is revamping housing development from The Report: Peru 2015
Fuelled by Peru’s economic performance, the construction sector continues to see expansion at several levels. Mechanisms to attract private investments into infrastructure revamping are bringing essential facilities, such as ports and airports, up to standard. The utilities and energy sectors are seeing increased attention, which is needed to support urban expansion and...
Interviews & Viewpoints | Jesús Blanco, CEO, InGroup: Interview from The Report: Peru 2015
Articles & Analysis | Government housing support and revived interest by private developers from The Report: Peru 2015
As the country strives to resolve a pending housing deficit, the stable growth of the economy is prompting a new dynamism in the higher segments of the market. This is supporting continued sales of new homes, as well as efforts by builders and promoters to continue to satisfy demand. But challenges remain, with rising land prices encouraging a greater concentration of...
Interviews & Viewpoints | Ernesto Tejeda, President, Obrainsa: Interview from The Report: Peru 2015
To what extent can construction help reverse the decline in foreign direct investment (FDI)?