The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
In the first three quarters of 2020, amid the ongoing COVID-19 pandemic, the government continued to roll out policies and incentives to reduce the construction sector’s financial burden and to promote industry output value ...View more details
While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...View more details
Years after the 2015-2016 economic recession that profoundly changed the Brazilian construction sector, recovery progressed strongly in 2019 with record-high new residential building launches and sales, and a commitment by the new ...View more details
The real estate and construction sector generates 15% of Russia’s GDP and employs some 12% of the country’s workforce, making it a key economic sector. According to MarketLine estimates, Russia’s real estate ...View more details
Both the real estate and construction industries registered growth in 2019 with this positive dynamic being attributed to sustained demand from industries such as IT-BPM and offshore gaming, as well as infrastructure projects in the country ...View more details
Malaysia has always been regarded as one of the preferred countries for real estate investors due to its investor-friendly policies. However, the property market has been in constant decline since 2012. The construction sector registered ...View more details
Construction is the sixth largest economic sector in Colombia, accounting for 6.3% of the country’s GDP, 5.8% of total FDI inflow and 7.2% of formal employment in 2019. However, due to its stagnation in the last three years ...View more details
The infrastructure sector is an essential support function for industrial and economic development. Its segments include pipelines, telecoms, power transmission and transportation infrastructure. While there can be some aspects of general ...View more details
The real estate and construction sector in Indonesia has a priority in the government’s policy agenda. Because of this, the sector’s importance in the economic growth and job creation has increased in recent years. In 2019, ...View more details
China’s construction sector has seen tremendous growth over the past years and continues to show great potential despite the current market hardships brought by the COVID-19 global pandemic. The construction industry is of crucial ...View more details