The construction of numerous large infrastructure projects has contributed considerably to economic...
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Chapter | Construction & Real Estate from The Report: Cote d'Ivoire 2020
Côte d’Ivoire is an economic powerhouse in West Africa, posting average growth of 8% between 2011 and 2018. However, the rate of GDP growth in real terms fell to 6.7% in 2019 and is expected to contract to 2.7% in 2020 due to the Covid-19 pandemic and subsequent widespread shutdowns. Looking to the future, the IMF expects growth to rebound to 8.7% in 2021, highlighting the country’s economic resilience.
In emerging markets, limited ICT infrastructure can compound the challenges of remote working amid coronavirus-related social distancing and lockdown measures. Nevertheless, broadly successful outcomes may lead businesses to consider expanding or formalising work from home arrangements once the effects of the pandemic have subsided.
Articles & Analysis | Saudi Arabian citizens to benefit from affordable residential real estate from The Report: Saudi Arabia 2020
Saudi Arabia’s residential housing segment underwent significant expansion in 2019 following several years of muted growth. The government has been the primary driver of this recent uptick in activity, launching a number of regulatory reforms and financing initiatives to increase the availability of affordable housing. Current trends in the...
Articles & Analysis | Saudi Arabia's construction sector bounces back in 2019 from The Report: Saudi Arabia 2020
The construction sector is expected to see significant growth over the next decade, led by Vision 2030 programmes. Construction activities gained pace during 2019, with a number of infrastructure plans either announced or initiated. In addition, some major projects are nearing completion, such as the Riyadh Metro, while the Kingdom’s emerging...
Articles & Analysis | Giga-projects under construction are set to boost Saudi Arabia's entertainment and tourism offerings from The Report: Saudi Arabia 2020
Saudi Arabia is in the midst of developing a number of large-scale, complex and multi-purpose construction projects that aim to transform the wider economy. The Kingdom’s main giga-projects are NEOM, the Red Sea Project and Qiddiya. Rolled out as part of Vision 2030, these developments are globally unique in scope and ambition, and aim to...