How involved, in your opinion, are foreign companies in the Jordanian projects market?
With a push to increase its stake in a growing Middle Eastern tourism market, Jordan has undertaken a number of construction projects that are being led by both international and local contractors. While the global financial crisis and regional property crash still cast a shadow, signs in late 2011 and early 2012 indicate that the clouds are...
Amid the regional turbulence caused by the Arab Spring, Jordan has navigated a steady course. This is a key advantage that the kingdom offers to foreign investors, who continue to regard the country as a strong base for targeting growth markets in the region and who are stepping up their involvement in core domestic industries such as energy, health care and information technology.
Competition in the construction sector begins long before the final product hits the market. The key lies in skilled labour, which is scarce in Lima and even more so in the rest of Peru. This has not hindered growth, but has compelled developers to either pay higher wages for workers with keenly sought-out trades or invest in specialised training...
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