Construction in Nigeria has recently been constrained by relatively low public investment and high operating costs. Moreover, its real estate sector experienced a challenging 2020, characterised by a drop in demand, movement restrictions and global supply chain disruptions. However, renewed prioritisation of infrastructure projects – particularly in energy, housing and transport – is expected...
Construction
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Chapter | Construction & Real Estate from The Report: Nigeria 2022
With a population of over 200m, Nigeria is a large and diversified economy, despite the government’s reliance on oil and gas revenue. While the Covid-19 pandemic and subsequent oil price crash caused a contraction in economic growth in 2020, it also led to rapid digitalisation across commerce, education and communication. This shift is expected to put Nigeria in a favourable position for recovery in the medium term.
Interviews & Viewpoints | George Khouzami, COO, Al Thuriah Group: Interview from The Report: Sharjah 2021
Which factors are driving demand for residential real estate in Sharjah, and how has the Covid-19 pandemic impacted these trends?
Articles & Analysis | China’s global infrastructure drive adds focus on sustainability from The Report: Sharjah 2021
Following a year of pandemic-related disruptions, there appears to be a greater focus on sustainable, digital and health-related projects; for example, in the Belt and Road Initiative (BRI), of which the UAE is one of the key participants in the Middle East. Launched in 2013, the BRI is an ambitious international initiative that aims to revive ancient Silk Road trade routes...
Interviews & Viewpoints | Ahmed Alkhoshaibi, CEO, Arada: Interview from The Report: Sharjah 2021
In what ways are real estate developers pursuing differentiated residential projects or aligning their products with the needs of target markets?