Following a period of subdued activity, a steady flow of projects in 2019 have seen Trinidad and Tobago’s construction industry experience healthier growth in recent years. However, obtaining private sector funding remains a challenge, due to a decline in banks’ lending activity. Nevertheless, in November 2019 Glenn Mahabirsingh, president of the T&T Contractors...
Construction
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Articles & Analysis | Construction in Trinidad and Tobago to recover on the back of large-scale infrastructure projects from The Report: Trinidad & Tobago 2020
Chapter | Construction & Real Estate from The Report: Trinidad & Tobago 2020
Following a period of subdued activity, a steady flow of projects in 2019 has seen Trinidad and...
Trinidad and Tobago is the largest producer of oil and gas in the Caribbean. While there is a need to diversify the economy away from its dependence on hydrocarbons, a number of new discoveries in late 2019 appear set to support a short-term recovery in the energy sector and lend financing to the wider economy.
Articles & Analysis | Rapid urbanisation and young, growing populations put pressure on emerging markets to solve housing deficits from The Report: Ghana 2020
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world.
Articles & Analysis | Ghana is addressing the housing deficit by supporting the construction of affordable homes and easing access to mortgages from The Report: Ghana 2020
Ghana is following a continent-wide trend of a booming population moving towards cities. The World Bank estimated Ghana’s population at 29.8m in 2018, up from 19.3m in 2010. Meanwhile, the proportion of those living in urban areas rose from 43.9% in 2000 to 55.3% in 2017, according to the African Development Bank.
Articles & Analysis | China’s implementation of a new trade network is energising the global construction industry from The Report: Ghana 2020
From 206 BCE to 220 CE, 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 name 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,...