– Sustainable architecture is increasingly seen as a tool to lower construction emissions – Projects incorporating traditional designs and local materials have proven successful – The upcoming 2022 FIFA World Cup in Qatar aims to be a carbon-neutral event – Regenerative architecture is seen as key to creating climate-positive buildings Amid efforts to reduce the carbon footprint associated…
– Covid-19 led toa slowdown in BRI projects – Chinese overseas investment dropped off in 2020 – Governmentremains committed tothe wide-ranging infrastructure programme – Sustainability, health and digital to be the new cornerstones of the initiative Following a year of coronavirus-related disruptions, China appears to be placing a greater focus on sustainable,…
Around 55% of the world’s population – or 4.2bn people – lived in urban areas in 2018, up from 47% in 2000, according to the UN. Because of the rapid rate of urbanisation, this figure is expected to reach 68% by 2050, with growth concentrated in Latin America, the Middle East and North Africa (MENA), sub-Saharan Africa and Asia. The shift towards the cities put the onus on the construction sector…
As emerging economies come under sustained fiscal pressures related to the Covid-19 pandemic, questions are being raised about the future trajectoryof big-ticket infrastructure projects under China’s flagship Belt and Road Initiative (BRI). The BRI is a far-reaching plan for transnational infrastructure development, linking five continents through land and sea corridors and industrial…
While public-private partnerships (PPPs) have been used to finance projects in Trinidad and Tobago since the 1990s, the model formally gained institutional backing in 2011 with the creation of a specific policy unit, known as the PPP Unit, which operates within the Investments Division of the Ministry of Finance. Despite this, unlike other Caribbean countries such as Jamaica, T&T’s PPP framework…
Following a period of subdued activity, a steady flow of projects in 2019 has seen Trinidad and Tobago’s construction industry return to healthier growth. Construction activity still remains confined to a small number of projects, which are largely driven by public sector spending. Nevertheless, major developments such as the TAB airport extension, road network upgrades and housing construction…
Click here to download the full Guyana Economic Analysis 2020 report The South American country of Guyana has experienced subdued economic growth since its independence from the UK in 1966, mainly relying on mineral and agricultural exports. However, the discovery and subsequent production of oil is likely to radically change Guyana in the decade to 2030. Geography & Climate Guyana is home to…
Trinidad and Tobago’s housing market has fluctuated over recent decades in line with international oil prices and the overall health of the global economy. The sector grew rapidly between 1991 and 2006, with the most notable development occurring in the capital, Port of Spain, and the areas close to Point Lisas, the centre of the country’s petrochemicals industry. However, since the 2007/08 global…
Around 55% of the world’s population – or 4.2bn people – lived in urban areas in 2018, up from 47% in 2000, according to the UN. Because of the rapid rate of urbanisation, this figure is expected to reach 68% by 2050, with growth concentrated in Latin America, the Middle East and North Africa (MENA), sub-Saharan Africa and Asia. The shift towards the cities put the onus on the construction sector…
Following a period of subdued activity, a steady flow of projects in 2019 have seen Trinidad and Tobago’s construction industry experience healthier growth in recent years. However, obtaining private sector funding remains a challenge, due to a decline in banks’ lending activity. Nevertheless, in November 2019 Glenn Mahabirsingh, president of the T&T Contractors Association, told local media…