Identified as a potential turning point for Sri Lanka, the landmark Port City Colombo (PCC) development on a swathe of reclaimed land will start to take shape in 2018. Patali Champika Ranawaka, the minister of megapolis and western development, announced in January 2018 that a consortium led by China Harbour Engineering Company (CHEC) would...
As the government continues its expansive reform agenda with Vision 2025, Sri Lanka’s economy is expected to record moderate improvements in 2018.
Tunisia is working to gradually improve its economic indicators by means of tough yet necessary structural reforms. Although significant strides have been made since 2011, the country continues to face acute macroeconomic imbalances, while coincident reforms have suffered from changing administrations in the years following the revolution, negatively affecting economic growth.
While external events have weighed on the sector in recent years, activity has started to pick up and there is reason to expect that this can be sustained. A number of factors, including the country’s sizeable refugee population and the government’s new focus on transport and infrastructure development, point to the potential for higher growth...
Centred on the capital, Amman, Jordan’s real estate sector experienced a largely stable 2016-17 period. Rents and sales prices registered marginal increases in the residential market, while there were slight declines in the commercial segment. Much of this was due to the higher growth and rapid development of recent years, which left a good...
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