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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 Middle East and North Africa (MENA) countries have seen a rise in ambitious, long-term national development plans, which are fundamentally reshaping the region's investment and infrastructure landscape. Key among these are Saudi Arabia's Vision ...
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Infrastructure development is pivotal for Africa's economic growth. The burgeoning private consumption, driven by population growth, urbanisation, and an expanding middle class, has created surging demand for improved infrastructure across the ...
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The infrastructure sector is central to the Middle East and North Africa's (MENA) economic development and diversification strategies, playing a pivotal role in shaping the region's long-term growth prospects. Oil countries across the region are ...
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Africa's infrastructure sector faces a complex reality. Despite its vast potential, the continent struggles with a significant infrastructure deficit. The continent remains a laggard when it comes to access to energy, water, and digital ...
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Egypt is located on the main trade route between Asia and Europe and has rich natural resources, especially with regard to renewable energy. However, during the decades of state monopoly in the infrastructure sector, the country ...
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The MENA region presents high potential for infrastructure development. According to the World Bank, the region would need to spend at least 8.2% of its GDP per year to tap the infrastructure gap and meet the needs of its growing ...
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Africa’s infrastructure deficit is long-standing and well-known. Although USD 297.2bn were committed to transport and energy infrastructure projects on the continent between 2014 and 2018, only four countries, Egypt, Morocco, ...
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