The construction sector has experienced significant growth since 2011 as a result of heavy public and private investment. Foreign investors have helped usher in new infrastructure projects, which contributed to the rise of local cement production. The govern¬ment is focusing on projects to restore the road network and provide affordable housing. The construction industry may witness some slowdown...
Construction
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Chapter | Construction & Real Estate from The Report: Cote d’Ivoire 2019
Côte d’Ivoire has returned to economic growth after stabilising its political situation in 2011. The economy has grown at a rate of 9% per year since 2011, in part due to the emergence of its burgeoning industrial sector. As one of the fastest-growing African economies, with an annual GDP growth rate forecast at 7-7.5% in 2019, Côte d’Ivoire is now promoting sustainable and inclusive growth.
Interviews & Viewpoints | U Han Zaw, Minister of Construction: Interview from The Report: Myanmar 2019
Interviews & Viewpoints | Serge Pun, CEO, New Yangon Development Company: Interview from The Report: Myanmar 2019
Articles & Analysis | New Yangon city construction caters to Myanmar's growing urban population from The Report: Myanmar 2019
In an effort to alleviate problems associated with rapid urban growth, the Yangon regional government announced the formation of the New Yangon Development Company (NYDC) in March 2018. The NYDC is tasked with overseeing the development of a new city on the western outskirts of the commercial capital.
Articles & Analysis | New condominium law and credit bureau to raise growth in Myanmar real estate mortgages from The Report: Myanmar 2019
A major factor constraining the development of the real estate sector is the lack of a mature mortgage market. Ambiguities on regulations related to immovable property rights, and incomplete or incorrect ownership records, are two of the main reasons why a mortgage culture has not yet developed in Myanmar.