In 2015 the construction sector grew by 15.8%, a significant improvement over 0.1% in 2013 and 3.7% in 2014, and the industry contributed 2.8% to GDP. Residential projects accounted for 66% of total construction area permitted in 2015, while industrial projects made up 16% of the total. Continued economic expansion, rising demand for housing and, most importantly, renewed government investment...
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Chapter | Construction & Real Estate from The Report: Thailand 2016
The second-largest economy in ASEAN after Indonesia, Thailand has developed a positive international reputation on the back of its pro-investment policies and well-developed infrastructure, standing as one of the most liberalised and business-friendly markets in the region.
Wide-ranging reforms aimed at regulating Abu Dhabi’s real estate sector and encouraging best practices look set to lift investor sentiment despite the challenging regional economic climate.
Economic update | Kuwait’s real estate sales rebound
16 Apr 2016
Real estate sales in Kuwait rebounded in February, following a slowdown in recent months, with commercial sales outpacing residential for the first time in eight years.
Strong economic growth in the Philippines is driving demand in the real estate market, placing prime office space at a premium, with little indication that appetite will wane despite growing supply in Manila and Cebu.
Articles & Analysis | The Philippines' bustling economy leading to a series of developments in the construction sector from The Report: The Philippines 2016
A flourishing outsourcing sector, fresh investments in infrastructure and the development of new housing will continue to fuel the Philippines’ swiftly growing economy. These factors are set to have a positive impact on the construction sector, despite significant structural bottlenecks. At 8.9% in 2015, growth in the Philippine construction...