Construction & Real Estate
From The Report: Tunisia 2018
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Because of its effects on employment and supply chains, Tunisia’s construction sector has always been a central component of the economy. Despite its importance, however, the challenging macroeconomic environment has had a toll on public and private spending, but a return to more stable levels is expected to come through government-backed infrastructure development plans. While real estate is recognised as one of the most interesting markets in the region due to its stability and development potential, recent years have nonetheless brought some challenges, including regulatory blockage and rising scarcity of land to expand housing options. In hand with this, rising construction costs and the difficulty gauging demand patterns due to uncertainty have somewhat increased risks for real estate developers. Despite these challenges, the sector continues to demonstrate growth potential.

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Because of its effects on employment and supply chains, Tunisia’s construction sector has always been a central component of the economy. Despite its importance, however, it has suffered periods of erratic performance over recent years, most notably after the 2011 revolution. The challenging macroeconomic environment has had a toll on public and private spending, but a return to more stable levels is expected to come through government-backed infrastructure development plans. Execution of projects…

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Carried by the government’s focus on expanding the middle class – together with rising rates of urbanisation – Tunisia’s real estate sector has grown accustomed to years of gradual expansion. While it is recognised as one of the most interesting markets in the region due to its stability and development potential, recent years have nonetheless brought some challenges, including regulatory blockage and rising scarcity of land to expand housing options. In hand with this, rising construction…