With Qatar about to embark on a multibillion-dollar infrastructure spending programme, debates over how this should be funded and managed are beginning to emerge. While the government undoubtedly has the capital and will to build to its own programme and specifications, there are increasingly vocal calls for it to look at other possibilities. Chief...
What efforts are being made to minimise the environmental impact of the construction industry?
With the National Bureau of Statistics(NBS) recording a real GDP growth rate, on an aggregatebasis, of 7.13% in the first quarter of 2011, and a slightly lower 6.17% for the same quarter in 2012, Nigeria boasts the continent’s second-largest economy after South Africa. Africa’s largest oil producer, Nigeria is the third-largest recipient of foreign direct investment in the continent after Angola and Egypt, according to the US Diplomatic Mission.
Buoyed by demographic and economic growth, Nigeria’s construction sector has the potential to become the largest and most competitive on the continent. In all areas of the sector, from basic infrastructure to privately developed real estate, pressure from demand is rising. This has already attracted several players to the market, and the number of...
One of the biggest opportunities and challenges for the construction sector over the next decade will be the provision of affordable housing to a rapidly growing and changing population. While the government’s main focus in the short term is on infrastructure development, in the medium to long term housing is likely to become the most pressing issue...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×