To what extent will the development of smart cities have an impact on the economic progress of the ASEAN region, in your opinion?
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Interviews & Viewpoints | U Win Khaing, Minister of Construction, on industry standards and key drivers of demand: Viewpoint from The Report: Myanmar 2017
The construction sector is going through a reform process under the new government, with particular emphasis on quality control and the rules, regulations, codes and standards that govern the sector. The institutional framework required to drive this new approach puts the Ministry of Construction in the driver’s seat, and there are a number of...
Articles & Analysis | Foreign ownership law on high-rise condominiums could catalyse foreign investment to Myanmar from The Report: Myanmar 2017
Since Parliament approved a long-awaited Condominium Law in January 2016, real estate stakeholders have been hoping to see sales surge, with foreigners now permitted to own property for the first time. Implementing the law is proving problematic, however: unclear regulations regarding criteria for condominiums have left investors uncertain,...
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.
Articles & Analysis | Algerian construction and real estate continue to grow with emphasis on improving housing supply and infrastructure from The Report: Algeria 2016
Despite the impact of lower oil prices on government budgets, Algeria’s construction sector is growing and developing thanks to ring-fenced investments in public and industrial infrastructure as well as housing.