As of April 2014, the total value of construction projects under way or in the pipeline in the UAE stood at $727bn, according to estimates from the Middle East Economic Digest (MEED), making the country the second-largest construction market in the GCC. Some 36% of this amount was made up of mixed-use developments, followed by...
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Articles & Analysis | The upturn is being sustained by a profusion of upcoming projects from The Report: Abu Dhabi 2015
Chapter | Real Estate & Construction from The Report: Abu Dhabi 2015
The real estate sector in Abu Dhabi is currently in a period of growth and rising prices, following the global financial crisis that began in 2008. As of the third quarter of 2014, all segments of the market were in simultaneous recovery for the first time since the downturn. The government is set to continue promoting market stability, maintaining its high level of involvement in real estate...
Hydrocarbons revenues still form the bulk of Abu Dhabi’s GDP and while falling prices are a concern, the emirate has been moving steadily towards its economic diversification targets in line with Abu Dhabi Economic Vision 2030. The past 10 years has seen the non-oil sector expand strongly on the back of business-friendly government policies, as a result of which non-oil sector growth now outpaces that of the oil sector.
An ambitious highway project that will connect several towns in Trinidad and Tobago to major resource hubs is edging towards the halfway mark, with two sections already operational.
Articles & Analysis | Targeting transparency: Authorities take steps to build a more robust tendering regime from The Report: Cote d'Ivoire 2015
After a decade-long crisis, Côte d’Ivoire was in urgent need investment to both maintain and expand its infrastructure networks. To accelerate the economy’s recovery and jump-start activity, the government awarded a number of no-bid contracts to expedite the tendering process, stating that priority projects needed to be fast-tracked, as happened...
Interviews & Viewpoints | Charles Paradis, CEO, Bouygues Construction Concessions: Interview from The Report: Cote d'Ivoire 2015
What types of public-private partnerships (PPPs) lend themselves to investors in the construction sector, and what measures might encourage these?