Construction

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Chapter | Construction & Real Estate from The Report: Papua New Guinea 2018

While resources-related projects will always be the engine of the sector, the rising number of residential, hotel, retail, transportation and office developments are becoming increasingly important, as the country’s hosting of APEC in 2018 and the expanding middle class continue to shift Papua New Guinea’s construction priorities. Although a downturn in the commodity cycle, the end of...

Although Papua New Guinea’s macroeconomic slowdown, challenging business climate and falling global commodity prices have weighed on trade and investment in recent years, the country continues to offer high-potential opportunities to investors.

 

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...

 

An increasingly open market and policies to boost inclusivity are benefitting construction in Argentina. For example, a more transparent measure to subsidise mortgages for homebuyers has replaced supply-side stimulus packages, which should help disadvantaged populations. Meanwhile, efforts are being made to bridge the infrastructure gap and...

 

What are the key opportunities and challenges facing real estate in the medium term?

 

Previously undermined by high inflation rates and currency controls, the real estate market in Argentina has been undergoing a transformation as a result of the measures taken by President Mauricio Macri’s administration. The Greater Buenos Aires region, for example, is home to a wide variety of residential, retail, office and industrial...

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