Construction & Real Estate
From The Report: Bahrain 2023
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Bahrain’s construction and real estate sectors contributed a combined 12.5% to GDP in 2022, with the two recording growth of 1.4% and 5.5% for the year, respectively. They are engines for job creation, as the country’s economic diversification agenda includes major infrastructure projects. The development of high-value sectors has resulted in significant construction activity, with new and existing businesses establishing and expanding factories and facilities. Bahrain’s economy makes it an attractive investment destination in the GCC, and its growing population means that there is a need for a greater volume and more diverse range of residential properties. A number of new affordable homes have hit the market in recent years, and the government continues to work with the banking sector to launch new mortgage products to help Bahrainis in the low- to middle-income brackets buy homes.

This chapter contains interviews with Ahmed Alammadi, CEO, Diyar Al Muharraq and Mohamed Abdulghaffar Al Kooheji, CEO, Kooheji Contractors.