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Real estate and construction
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 𒀰land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The construction sector was finally showing signs of recovery in 2019, after registering contracting GVA since 2014, when ♓the Car Wash Operation investigations started. The COVID-19 pandemic, which halted🐭 economic activity globally, ...
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South Africa is proud to have the best transport infrastructure in Sub-Saharan Africa and among the r🐬egion's most developed electric power networks. Nevertheless, the decades-old model of state-owned conglomerates controlling i🔯nfrastructure ...
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Joko Widodo won the hotly contested presidential elections of 2014 based, in part, ♋on a platform of infrastructure investment to accelerate economic growth. This was successful as for decades the Indonesian economy had been plagued with ...
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As China focuses on advancing its domestic economy, the development of the infrastructure market faces great opportunities but also major🎃 challenges. In t💖erms of market competition, the number of infrastructure enterprises is increasing, ...
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In the Latin American context, C🌳olombia lags in developing its road and railway infrastructure due to a prolonged period of underinvestment and relatively low participation of the private sector. But the country’s port and ...
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Brazil’s transport infr𓄧astructure sector contains a diverse landscape. While some sub-sectors, namely road infrastructure, are still dominated by the federal and state governments, others such as the railways have been marked by a ...
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Thanks to a stable regulatory framework and supportive business environment, Chile possesses one of the most developed transport and energy infrastructure networks in Latin America. The🌞 country has a well-developed road and port infrastructure in ...
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