While 2017 saw the construction sector’s rapid growth slow somewhat, Bahrain has an impressive pipeline of construction projects lined up for the next few years. A strong focus on transportation and industrial infrastructure, as well as the construction of tens of thousands of affordable housing units, is expected to be among the key drivers...
Strong real estate growth continues in Bahrain, with a number of residential, commercial and hospitality developments coming on-line in 2017 and 2018. However, rental prices have not been immune to the ongoing regional challenges, notably lower oil prices, with rents dropping in 2017 for residential real estate, and remaining subdued for the...
Bahrain has seen a boom in mixed-use and waterfront developments, with a number of major projects currently under construction that will add significantly to the high-end residential and commercial real estate landscape, not to mention expand the available hotel and tourism-related infrastructure that could be influential in helping grow the...
While high nominal growth in some years was partially a result of inflation, real sector growth also ran in the double digits between 2013 and 2015, averaging 23.9% across the period and standing at 28.3% in 2015, according to the Ministry of Economy and Finances. In current prices, the construction sector’s value-added was equal to 5.9% of...
In 2010 President Alassane Dramane Ouattara announced plans to build 60,000 housing units. The current deficit is estimated at 400,000 to 600,000 units, with demand growing by 40,000-50,000 units each year. To bridge the shortfall, the state launched the Presidential Housing Plan in May 2013, hoping to add 150,000 units by 2020. Under the...
Côte d’Ivoire’s real estate sector has witnessed strong activity in recent years, as stability returned to the country and a shortfall in property availability across market segments has attracted international investors and developers. A state initiative to build up the social housing segment is taking off with backing from local and Moroccan...
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