The construction industry is set to become a major growth driver of Myanmar’s economy, as investors flock to capitalise on economic liberalisation and a major public infrastructure programme. The sector has expanded rapidly since 2012, although growth moderated in 2016 as a result of election uncertainty and regulatory reforms. Residential...
Since Parliament approved a long-awaited Condominium Law in January 2016, real estate stakeholders have been hoping to see sales surge, with foreigners now permitted to own property for the first time. Implementing the law is proving problematic, however: unclear regulations regarding criteria for condominiums have left investors uncertain,...
The construction industry is set to become a major growth driver of Myanmar’s economy, as investors look to capitalise on economic liberalisation and a major public infrastructure programme. Residential real estate, particularly affordable housing, will remain the chief engine of growth over the medium term, though a large infrastructure deficit and rising congestion in Yangon should see...
Myanmar today is a country undergoing rapid change, and there is a solid determination among its people and leaders alike to help their country establish an important place at the global political and economic table.
Despite the impact of lower oil prices on government budgets, Algeria’s construction sector is growing and developing thanks to ring-fenced investments in public and industrial infrastructure as well as housing.
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