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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.
With a population of some 31.9mn, Malaysia is one of the more developed countries in the ASEAN region. In 2016 the construction and real estate sector collectively employed 1.3mn people, accounting for 9.4% of total employment. That same year, ...
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Thanks to policies introduced in 2016, the sector has bottomed out, reviving its growth, and continuing to offer opportunities to investors – mainly, as before, in the first-tier cities of Shanghai, Shenzhen, Guangzhou and Beijing. After the ...
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Indonesia’s construction and real estate markets are among the biggest in Asia and enjoy high growth potential for the foreseeable future. Growth drivers include the country’s vast and urbanising population in need of housing, as well as ...
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The gross value added (GVA) of South Korea’s construction sector accounted for 1.4% of the world construction GVA in 2015, and for 3.2% of that of the Asia-Pacific region’s construction industry. In 2015, the sector generated 5.1% of ...
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Despite suffering the lowest investment growth for the last eight years, in 2016, the real estate sector in China still offers opportunities for investment. With the policy instruments introduced in the first three months of 2016, the sector has ...
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The construction sector plays a key role in Thailand’s growing economic development, providing 2.8% of the country’s GDP and employing around 2.28 million people in 2015. In spite of the political instability of 2013 that led up to the ...
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Construction is the sixth-largest economic sector in India, accounting for 7.8% of the country’s GDP in FY2016, the second-biggest employer (after agriculture), with about 35mn people engaged, and the second-largest recipient of FDI after the ...
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Despite suffering the lowest investment growth for seven years in 2015, the real estate sector in China still offers opportunities for investment. With the policy instruments introduced in the first three months of 2016, the sector is bottoming out, ...
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Construction has always been a favoured tool of the Chinese authorities for stimulating the economy and its development closely reflects that of GDP. After the global financial crisis of 2008, a government stimulus package of RMB 4tn was used for ...
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