Construction

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From 206 BCE to 220 AD, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the moniker given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...

 

With the aim of enhancing the economy and providing sufficient housing for its growing population, Egypt has made construction plans for a series of new cities. These large-scale projects are expected to have a positive impact on the construction sector and help ease congestion in Cairo. There has already been a positive impact on the dynamics...

 

One of Egypt’s biggest challenges is the lack of adequate housing for its rapidly growing population. Two key issues are perpetuating this: the insufficient volume of affordable housing units for lower-income residents; and the increased presence of informal or self-built units in most major cities. Paradoxically, real estate continues to be a...

 

Although the devaluation of the Egyptian pound in late 2016 pushed inflation upwards, strong longterm economic fundamentals have maintained interest in the real estate sector. On the other side of the spectrum, real estate developers have been able to adapt their offers to the new needs of Egyptian buyers, and have progressed with ongoing...

 

Several years of instability have brought difficulties for Egypt’s economy, although the impact has varied across sectors. However, the country is experiencing a recovery, with the IMF estimating that GDP will increase by 5.5% in 2019, up from 5.3% in 2018.

 

As residents move away from rural areas, cities in Indonesia are increasingly feeling the pressures of urbanisation. To improve quality of life in increasingly congested urban centres, the government has adopted the 100 Smart City Movement, an initiative that aims to establish 100 technologically advanced cities across the archipelago by the...

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