With a multi-billion-dollar pipeline of public sector contracts and significant private sector developments planned for the remainder of the decade, the construction sector remains a highly significant and growing sector of the Omani economy. In the face of substantial headwinds driven by lower oil prices since the middle of 2014, the government is steering towards a diversified economy, even...
Construction
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Chapter | Construction from The Report: Oman 2017
Despite ongoing economic pressures associated with the drop in oil prices, Oman’s diversification strategy and efforts to enhance wider revenue streams are beginning to bear fruit, as witnessed by continued growth in the non-oil sector despite dropping incomes and wider regional instability.
Chapter | Construction & Real Estate from The Report: Myanmar 2017
The construction industry is set to become a major growth driver of Myanmar’s economy, as investors look to capitalise on economic liberalisation and a major public infrastructure programme. Residential real estate, particularly affordable housing, will remain the chief engine of growth over the medium term, though a large infrastructure deficit and rising congestion in Yangon should see...
Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Chapter | Construction & Real Estate from The Report: Algeria 2016
Faced with a significant deficit of affordable housing in urban centres, all eyes are on the nation’s housing projects and the authorities’ ability to deliver more than 1.6m housing units by 2019 in spite of the low oil price environment which has had a significant impact on government revenues and budgets. Nevertheless, the real estate sector offers multiple investment opportunities as the...
Amid the constant change that has recently characterised North Africa, Algeria has charted a path of relative stability. This is largely due to vast oil and gas resources that have made it Africa’s fourth-largest economy.