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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 land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The construction sector is the backbone of the Indian economy and as such is one of the key focus areas of the government in its fight against the COVID-19-induced economic slowdown in the country. The construction sector offers direct and ...
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In Q4 2020 and the first few months of 2021, China’s construction sector has continued to accelerate recovery from COVID-19. Thanks to the firm control of the spread of the pandemic, the country has recorded positive results across ...
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India’s infrastructure sector is a vital enabler of the country’s economic development. Presently, India’s infrastructure is comparatively underdeveloped when compared with other emerging market countries. In recent years, ...
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In the first three quarters of 2020, amid the ongoing COVID-19 pandemic, the government continued to roll out policies and incentives to reduce the construction sector’s financial burden and to promote industry output value ...
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While China is recapping its achievements at the end of the 13th Five-Year Plan (FYP) in 2020, it is also getting prepared to enter the next stage of development and at the same time dealing with the impact of the COVID-19 pandemic that abruptly ...
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The infrastructure sector is an essential support function for industrial and economic development. Its segments include pipelines, telecoms, power transmission and transportation infrastructure. While there can be some aspects of general ...
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The real estate and construction sector in Indonesia has a priority in the government’s policy agenda. Because of this, the sector’s importance in the economic growth and job creation has increased in recent years. In 2019, ...
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China’s construction sector has seen tremendous growth over the past years and continues to show great potential despite the current market hardships brought by the COVID-19 global pandemic. The construction industry is of crucial ...
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India’s construction sector is a key enabler of economic growth, in that it helps provide homes to the nation’s population of 1.4bn as well as adding much-needed infrastructure. In FY2019, construction GVA amounted to INR 49.6tn and ...
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The Thai government’s push on infrastructure development, particularly in the Bangkok Metropolitan Region (BMR) and in the Eastern Economic Corridor (EEC), has been a key growth driver in Thailand’s real-estate and construction sector in ...
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