• Construction

    OBG’s Construction sector analysis highlights investment opportunities in the infrastructure, residential, commercial and industrial segments. Government policies are reviewed along with labour, materials and land costs, trends in bank lending and the public tendering process.
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To what extent will the development of smart cities have an impact on the economic progress of the ASEAN region, in your opinion?

 

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...

 

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.

 

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.

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