Construction

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At a time when a number of major Latin American economies, including Brazil and Venezuela, are heading toward recession, Mexico’s economy stands out in the region for its resilience. Projections for 2017 are couched in more uncertainty than is usual, however, in light of the lack of clarity over and the potential impact of policy changes in the US during the first year in office for US President Donald Trump. 

Increased private sector participation in Oman’s project pipeline, and draft bills to ease workforce restrictions and allow 100% foreign ownership, look set to help drive continued expansion in the country’s construction sector over the medium to long term.

 

To what extent is the growth of the sector dependent on government spending?

 

As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls sprout up all over the city, it is clear that after several years of fits and starts Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the...

 

Egypt established a public-private partnership (PPP) Central Unit at the Ministry of Finance in 2006 as part of a new long-term government policy of pursuing partnerships with the private sector “to provide a new source of investment capital and financing required infrastructure projects, reduce the government of Egypt’s sovereign borrowing...

 

In 2016 a variety of factors contributed to price fluctuations in the normally stable cement industry. Although some variability remains, industry experts predict a return to stable growth in the long term.

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