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.
Africa's infrastructure sector faces a complex reality. Despite its vast potential, the continent struggles with a significant infrastructure deficit. The continent remains a laggard when it comes to access to energy, water, and digital ...
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India's steel sector stands as a cornerstone of the nation's industrial landscape, playing a critical role in the country's economic development. Fuelled by substantial government infrastructure initiatives and increasing private sector investments, ...
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The infrastructure sector in Colombia is facing several challenges, including domestic political issues and international economic conditions affecting the performance of sub-sectors. Despite some economic variables, such as inflation and interest ...
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Singapore is a perennial global leader in quality of infrastructure and a top destination for infrastructure investment. The development of Singapore's infrastructure sector is the result of extensive government-led investments and strategic planning ...
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Developing Indonesia's infrastructure has been a top priority for the country's governments during the two terms of outgoing president Joko Widodo. Over the past decade, Indonesia has spent almost USD 800bn on new infrastructure projects as part of ...
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India's construction sector is a cornerstone of the national economy, playing a pivotal role in employment generation, the creation of state-of-the-art infrastructure, housing development, and contributing to economic growth through its multiplier ...
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In tandem with the nation's progress over the past ten years, the Thai construction and real estate sectors have continued to grow. Principal real estate activity centers include the Eastern Economic Corridor (EEC) and the Bangkok Metropolitan Region ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...
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In January 2023, the Building and Construction Authority (BCA) of Singapore projected that the island nation's construction sector would see preliminary demand in the range of SGD 27bn to SGD 32bn by the end of the year. Instead, the figure reached ...
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In 2023, Brazil's construction industry navigated through a challenging period, facing hurdles that led to a contraction of its gross value added (GVA) despite initial projections that it would grow. Factors such as high interest rates and delays to ...
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