The government in the Philippines is giving a new push to major construction projects awarded under a public-private partnership scheme, putting the building sector on a strong growth path after last year's Typhoon Haiyan wrecked havoc in the southeast Asian country.
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Greater investment and an increased pace of new project launches should see Brunei Darussalam’s transport and logistics reinforced over the next few years, building on recent improvements to the Sultanate’s infrastructure.
Muted levels of construction activity since the 2011 revolution, combined with constraints on electricity supply, has stifled operating conditions for Egypt’s cement producers, though new projects scheduled to launch in the second half of 2014 could provide a helpful boost to the segment, recently buoyed by the successful IPO of Arabian Cement.
The government in Papua New Guinea (PNG) has pledged to upgrade its infrastructure after years of underinvestment, a move which will also help plug the construction gap as the country’s mega project, the $19bn Liquefied Natural Gas (LNG) plant, is now completed and the related real-estate boom starts to cool.
New production capacity in Mongolia’s cement industry is set to meet rising demand as advanced technology is replacing old equipment, moving towards self sufficiency in one of the key materials in the construction trade.
Chapter | Construction & Real Estate from The Report: Morocco 2014
The Moroccan construction sector witnessed a significant slowdown in 2013 due to a confluence of factors, including regional instability and a shortage of access to financing. Cement consumption, which is considered a key performance indicator, dropped from 15.87m tonnes in 2012 to 14.87m tonnes in 2013. Nevertheless, the Ministry of Habitat and Urban Planning continued to help drive sector...