A growing population and urban development in key cities across the country has put housing development at the forefront of government policy. But the 2013 housing crisis, which saw the collapse of three of the biggest homebuilders in Mexico, has led the government to change the focus of this policy. A rethink of subsidy allocation, coupled...
As the recent constitutional reforms start to have an impact on the Mexican economy, construction activity is poised to grow. Total investment in the construction sector reached $148bn in 2014, according to the Mexican Chamber of Construction, of which 75% was accounted for by private investment. Though construction continues to be a volatile activity, the sector remains a key component of the...
At a time when a number of major Latin American economies, including Brazil and Venezuela, are heading toward recession, Mexico’s economy stands out in the region for its resilience. The country is expected to maintain a solid economic performance in 2015 and beyond, with the IMF estimating GDP growth of 3% and 3.3% in 2015 and 2016, respectively.
After a slowdown in infrastructure development in recent years, Thailand’s construction industry now looks set to benefit from a major economic support programme aimed at boosting the country’s competitiveness.
In what ways can the private sector help consolidate the real estate market into an alternative to the stock market for international investors?
After several years of weak performance the Kuwait construction market saw a marked rebound in 2014. Several major infrastructure developments in the transport, power and water sectors have been tendered or are in the process of being awarded. Further to this, strong economic performance and the government’s commitment to reform have sustained...
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