With the country beginning to clear a backlog of major projects in energy, infrastructure and housing, the construction sector in Kuwait has seen a resurgence of activity in recent years. The government’s five-year National Development Plan committed to spend KD34bn ($112.5bn) over the 2015-20 period, and KD12bn ($39.7bn) worth of projects were signed off in the plan’s preliminary year. The...
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Chapter | Construction & Real Estate from The Report: Kuwait 2017
As Kuwait’s economy continues to adjust to the new oil price environment the country’s government is pushing ahead with investment plans and reforms that promise to put the country on a sustainable growth path in the coming years.
Chapter | Construction & Real Estate from The Report: Thailand 2017
An important engine of growth for Thailand, the construction sector is acting as a hedge as many other sectors face challenges in the form of global economic weakness and tepid consumer demand. Together with tourism and, to an extent, finance, construction is keeping the slowdown from becoming too severe. The Thai real estate market is decidedly split. In general, buyers are increasingly...
Despite considerable geopolitical volatility, Thailand’s economy remains well diversified, stable and poised for expansion in 2017.
Articles & Analysis | Ongoing schemes tackle Trinidad and Tobago's housing deficit from The Report: Trinidad & Tobago 2017
Since taking office in September 2015, the government of Prime Minister Keith Rowley has been looking into the development of affordable housing with the twin objectives of meeting the needs of lower-income families and using the construction industry to stimulate employment and economic recovery. In December 2015, Rowley said his government...
Articles & Analysis | Lower oil prices and a new tax take a toll on construction in Trinidad and Tobago from The Report: Trinidad & Tobago 2017
A diverse real estate market exists in Trinidad and Tobago, focused on domestic home ownership and rental, tourism-related property sales and rentals, and commercial property and office space. There are several hundred active real estate agents operating across T&T. The central bank classifies these activities as part of the wider “finance...