Steady economic growth, increased industrialisation, rapid urbanisation and one of the highest foreign investment rates in the country are all contributing to fuel a strong performance in Sarawak’s construction industry. The private and public sectors are doing their part to fill up the order books and, as a result, the construction industry has nearly doubled in productivity over the five-...
Construction
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Chapter | Construction & Real Estate from The Report: Sarawak 2015
Chapter | Construction & Real Estate from The Report: The Philippines 2015
The construction and real estate sectors make up around 20% of the Philippine economy, slightly ahead of manufacturing, and as of the first quarter of 2014 accounted for 7% of national employment. The industries have been thriving in a climate of political stability and upbeat business sentiment, spurred by growth in overseas workers’ remittances, investments into business process outsourcing...
Chapter | Real Estate & Construction from The Report: Abu Dhabi 2015
The real estate sector in Abu Dhabi is currently in a period of growth and rising prices, following the global financial crisis that began in 2008. As of the third quarter of 2014, all segments of the market were in simultaneous recovery for the first time since the downturn. The government is set to continue promoting market stability, maintaining its high level of involvement in real estate...
Hydrocarbons revenues still form the bulk of Abu Dhabi’s GDP and while falling prices are a concern, the emirate has been moving steadily towards its economic diversification targets in line with Abu Dhabi Economic Vision 2030. The past 10 years has seen the non-oil sector expand strongly on the back of business-friendly government policies, as a result of which non-oil sector growth now outpaces that of the oil sector.
Chapter | Construction & Real Estate from The Report: Cote d'Ivoire 2015
After a decade of under-investment, Côte d’Ivoire’s construction sector has sustained double-digit growth over the past three years as private reconstruction and public investment continue to rise sharply. Côte d’Ivoire’s property market has also grown rapidly since 2011. With private initiatives flourishing and public spending on the rise, the market is witnessing genuine developments, but...
A heavyweight within the West African Economic and Monetary Union, accounting for 35% of the eight-member region’s GDP, Côte d’Ivoire’s growth is a bellwether for Francophone West Africa. An ambitious government spending programme and a range of pro-business reforms are set to boost economic activity going forward.