Mongolia’s real estate sector is likely to feature fast-rising rents, land values and sales prices for at least the next several years. Per capita GDP is forecast to triple by 2016, creating a jump in buying power that will add to an already short supply of homes in the capital. Thus Ulaanbaatar seems poised to experience major price hikes. There is an increasing demand for housing as the...
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Chapter | Construction & Real Estate from The Report: Mongolia 2013
Articles & Analysis | Sustained activity: Diversified projects have meant more work for contractors, but competition is heating up from The Report: Oman 2013
A range of construction projects lie at the heart of Oman’s growing economic development. From infrastructure to housing and from tourism to health care, contractors and construction firms are playing a major role in facilitating economic growth in the sultanate. Much of the expansion is driven by a desire to convert Muscat into a more appealing...
Articles & Analysis | Setting a foundation: Spate of local and regional projects should give cement prices a boost from The Report: Oman 2013
The large number of ongoing or expected construction projects in Oman is positively impacting a range of industries and sectors throughout the country’s economy. The cement segment is no exception to this trend. After experiencing a period of lower prices during 2011, the industry is expected to grow steadily over the coming three to four years.
Articles & Analysis | Mixing it up: New projects are adding value to the industrial and tourism sectors from The Report: Oman 2013
As Oman’s construction sector grows, the types of building projects under way are becoming more diversified. One of the most significant trends is the increase of mixed-use developments. In terms of housing, mixed-used developments are becoming more popular among Omanis – who typically prefer villas – because of the improved quality of the...
Interviews & Viewpoints | OBG talks to Sultan bin Hamdoon Al Harthi, Chairman, Muscat Municipality from The Report: Oman 2013
How will transport network expansion facilitate efficiencies between Muscat’s business districts and complement the city’s ongoing development?
Articles & Analysis | Going green: Sustainable building practices should help to address housing shortages from The Report: Oman 2013
As Oman’s economy and population continue to grow, developers are interested in more than simply increasing supply quickly. Indeed, a range of factors must be considered as environmental and energy concerns are becoming more important.