Real estate activity in the country has decreased slightly since 2014, although demand in key segments, such as commercial property and affordable housing, continues to remain strong due to a shortage of current supply. Demand for rental property is also on the rise and represents an area of expected growth in the short term. However, time...
Construction
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Articles & Analysis | The government of Gabon mitigates obstacles in the construction sector from The Report: Gabon 2015
Interviews & Viewpoints | Paul Mapessi, Managing Director, Société Nationale du Logement Social (SNLS): Interview from The Report: Gabon 2015
Chapter | Construction & Real Estate from The Report: Gabon 2015
While ongoing infrastructure projects are providing a steady supply of work for construction firms, fiscal constraints have led to a reduction in public investment. Access to land remains a key obstacle for real estate development. To address this, the government has introduced reforms to reduce wait times for land titles from as much as 10 years down to 180 days.
This chapter...
An upper-middle-income country situated on the Gulf of Guinea, Gabon is one of Africa’s leading oil producers. With a population of around 1.7m and a stable political system, it plays a leading role in the region through its membership in the CEMAC economic bloc.
Chapter | Construction & Real Estate from The Report: Trinidad & Tobago 2015
An important contributor to T&T’s economy, the construction industry accounted for an estimated 5.2% of GDP in 2014 and 15.6% of the labour force, according to T&T’s Central Statistical Office. 2014 was a particularly good year for the sector, which grew by 7.1%, outperforming the wider economy for a second consecutive year. In 2015, the energy-related construction sector is expected...
Articles & Analysis | Trinidad and Tobago's new procurement law aims to prevent collusion and corruption from The Report: Trinidad & Tobago 2015
The construction industry, along with other trade groups, has campaigned for years to reform procurement procedures, as a way of combatting corruption, ensuring greater transparency and achieving greater value for money. The long process of political discussions on the subject came to a conclusion in December 2014, when both houses of parliament passed the Public...