How competitive is project financing in the kingdom, and what do you identify as the most significant challenges in securing financing?
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Interviews & Viewpoints | OBG talks to Mohammed Khalil Alsayed, CEO, Ithmaar Development Company from The Report: Bahrain 2013
Interviews & Viewpoints | OBG talks to Christopher Sims, CEO, Naseej from The Report: Bahrain 2013
What incentives are private developers requiring to enter into public-private partnerships (PPPs) in the affordable housing segment?
New incentives for property buyers could stimulate activity in the residential sector of Bahrain’s real estate market, a segment that is beginning to see signs of limited recovery.
Chapter | Real Estate and Construction from The Report: Bahrain 2013
With instability in the real estate sector largely stabilised after a slump in the property market, the government and private firms are focusing on the issue of affordable housing for nationals, with a plan to provide housing to 54,000 Bahrainis waiting for a subsidised government home. In the construction sector, plans are also in place to improve transport infrastructure, with roads and...
Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009.
Chapter | Construction & Real Estate from The Report: Turkey 2013
The construction sector is riding high on the back of a raft of major infrastructure projects, particularly in road and bridge development, and an ongoing urban regeneration plan that will see one-third of the country’s houses torn down and rebuilt. After shrinking in 2009 as the result of a financial crisis, the sector helped lead the economic recovery by growing by 18.3% and 11.5% in 2010 and...