High levels of state and private sector investment will drive double-digit growth in Malaysia’s construction industry this year with momentum likely to be maintained into 2015 as more infrastructure projects roll off the drawing board.
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Interviews & Viewpoints | OBG talks to Riyadh Al Saleh, Chairman and CEO, Kharafi National from The Report: Kuwait 2014
What regulations would you like to see in place to ensure that those companies working to the highest standards are favoured for projects?
Articles & Analysis | A multi-faceted approach carries the country forward from The Report: Kuwait 2014
Driven by an expanding population and a slate of new infrastructure projects expected to enhance economic development and meet growing energy demands, Kuwait’s construction industry is set to grow impressively in 2014. Infrastructure projects in the pipeline will see an influx of public and private spending on road, airport and energy projects...
Articles & Analysis | Working to address the sector’s remaining hurdles from The Report: Kuwait 2014
After years of slow growth following project delays and the global financial crisis, Kuwait is poised to join the GCC-wide construction boom in 2014. The government’s expansive five-year spending plan is driving the rise in construction, with a host of mega-projects that aim to expand infrastructure and meet new energy and power demands, while...
Chapter | Construction from The Report: Kuwait 2014
Driven by an expanding population and a slate of new infrastructure projects expected to enhance economic development and meet growing energy demands, Kuwait’s construction industry is set to grow impressively in 2014. Infrastructure projects in the pipeline will see an influx of public and private spending on road, airport and energy projects, while rising demand for housing and hotels has...
Kuwait accounts for approximately 6.1% of the world’s proven oil reserves, with hydrocarbons revenues comprising more than 65% of the country’s GDP and 95% of total exports in 2013. Cautious budgetary decisions have resulted in large surpluses, creating a solid base for public expenditure programmes such as the National Development Plan, which is set to diversify the economy and boost employment.