Construction Sector Research Highlights
The Report: Bahrain 2024
Construction & Real Estate Sector Analysis
Bahrain’s construction and real estate sectors are key to the kingdom’s economic diversification. After overcoming challenges including the Covid-19 pandemic, supply chain issues and cost volatility...
The Report: Saudi Arabia 2024
Construction & Real Estate Sector Analysis
Saudi Arabia’s construction and real estate sectors are thriving, with a $1.5trn project pipeline driving economic transformation under Vision 2030. The Kingdom leads global construction activity, with...
Special Reports on the Construction Sector
Focus Report
Focus Report: New cities and mega-projects are driving growth in Egypt
During a time of heightened global macroeconomic uncertainty, progress on new cities and mega-projects has helped Egypt maintain positive economic growth during the pandemic. Demographic expansion...
Covid-19 Response Report
Report: How Egypt’s infrastructure agenda is driving sophistication in the construction sector
While the construction sector in Egypt was temporarily paralysed during the early months of the pandemic, the infrastructure project pipeline has remained robust. The need to boost utilities...
Covid-19 Response Report
Report: How the pandemic is reshaping ASEAN construction demands
Construction – and infrastructure development in particular – is expected to be a key driver of economic growth across ASEAN from 2021. The bloc, home to some of the world’s fastest-growing economies...
Focus Report: New cities and mega-projects are driving growth in Egypt
Report: How Egypt’s infrastructure agenda is driving sophistication in the construction sector
Report: How the pandemic is reshaping ASEAN construction demands
The Report: Indonesia 2024
Construction & Real Estate Sector Analysis
Indonesia, as the largest economy in South-east Asia and the fourth-most-populous nation in the world, is experiencing a robust expansion in its construction and real estate sectors...
Construction Sector Analyses
OverviewBahrain infrastructure construction prime for investment
Bahrain’s construction and real estate sectors have become a major focus in the kingdom’s drive to diversify its economy. The industries are bouncing back strongly from a number of challenges in recent years, including the Covid-19 pandemic-related slowdown, supply chain disruptions and cost volatility. Global conflict and uncertainties have also affected the market, while inflation and higher interest rates have had an impact on demand. Looking ahead, with a number of projects already in progress, the next several years are expected...
Analysis
Urban cooling technologies help mitigate climate change impacts
With temperatures in cities set to rise in the coming decades, many public and private players in emerging markets are looking to tackle the challenge of extreme heat through technology, sustainable building techniques and the expansion of urban green spaces...
Overview
Saudi Arabia's construction pipeline reaches record high
Saudi Arabia’s construction and real estate sectors are booming as the Kingdom continues on its path to comprehensive socio-economic transformation under Vision 2030. It is currently a world leader for construction activity, with a pipeline of projects valued at around $1.5trn, according to 2024 data from real estate services company JLL. These developments, however, go beyond simply expanding the country’s infrastructure and housing to accommodate its growing population; rather, they are rooted...
Overview
Urbanisation and strategic projects drive Indonesia's economic growth
As the largest economy in Southeast Asia and the fourth most populous country in the world, the prospects for Indonesia’s construction and real estate sectors are enhanced by sustained urbanization and a demographic dividend that is expected to continue to stimulate demand for housing and leisure attractions. At the same time, large-scale government-backed infrastructure projects are providing a wealth of opportunities for construction companies to participate in the country’s ongoing development...
Analysis
Indonesia’s new capital and infrastructure investment opportunities
Located in East Kalimantan on the resource-rich island of Borneo, Nusantara has been designated as the new administrative capital of Indonesia. The plan – first announced in August 2019 – was ratified in January 2022 when the House of Representatives approved the new national capital city (IKN) Law, providing the legal basis for the capital’s relocation. The new city, which will span approximately 256,000 ha, is expected to cost Rp466trn ($30.3bn). Of this, 20% is expected to be sourced from the country’s budget, while the...
Analysis
Carbon-neutral construction and sustainable architecture
As the global construction industry redefines its priorities to ensure sustainability, there is increasing recognition of the benefits of regenerative architecture as a means of lowering emissions. According to the “2023 Building Materials and the Climate: Constructing a New Future” report published by the UN Environment Programme (UNEP), the construction sector accounts for 37% of global energy-related greenhouse gas emissions. In light of this reality, a greater emphasis has been placed on sustainable architecture...
Construction in Emerging Markets
Economic NewsNew cities set to alter investment landscape in Africa
With Africa’s population projected to double by 2050, countries are planning new cities to house increased industrial activity and urban populations, and address the constraints of many of the continent’s mega-cities. New urban developments around the globe are working to tackle issues surrounding population growth, sustainability and economic resilience. In 2015 Egypt announced that it would build a new capital. In addition to administrative offices, the New Administrative Capital is expected to host a stadium...
Economic View
Vincent Miccolis, Managing Director for Middle East, Africa, Turkey and India, The Ascott
On creating investment opportunities and fostering sustainable infrastructure development
Economic News
Can sustainable architecture help lower the construction sector’s emissions?
Amid efforts to reduce the carbon footprint associated with the construction industry, there is increasing recognition of the benefits of sustainable and regenerative architecture as a means of lowering emissions. The construction sector is one of the world’s biggest polluters. According to the “2019 Global Status Report for Buildings and Construction” published by the UN Environment Programme (UNEP), the sector accounts for close to 40% of global energy-related greenhouse gas emissions. In light of this, a greater emphasis...
Economic News
Can smart cities solve Egypt’s housing shortage?
Architects, property developers and other key stakeholders in Egypt’s construction sector are increasingly embracing digitalisation as the country looks towards smart city solutions to solve its housing shortage. Reflective of the broader sea change in the sector, in February Etisalat Misr, a subsidiary of UAE telecommunications group Etisalat, and US-based conglomerate Honeywell signed a partnership deal that will see the two firms collaborate on developing digital solutions for the Egyptian construction industry...
Economic View
Sayed Farouk, President and CEO, Arab Contractors
On bolstering the strength and adaptability of Egypt’s construction sector
Economic News
Sustainable construction in the Gulf: building a greener future?
As industries around the world increasingly turn towards environmental, social and governance (ESG) strategies to support their recovery from the Covid-19 pandemic, focus is sharpening on sustainable construction in the Middle East. Perhaps more so than most sectors, construction could significantly benefit from a shift towards more sustainable practices. A UN report released in December estimated that, including operational emissions, the construction industry accounted for 38% of the world’s energy-related...
Economic View
Mohammed Hamad Al Ghanim, CEO, Al Hamra Kuwait
On infrastructure priorities and project frameworks