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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 infrastructure sector remains pivotal for the Thai economy with the government prioritising it as an essential factor for robust and sustainable development. Over the past decade, the government has made substantial investments in the expansion ...
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Between 2019 and 2023, Vietnam's real GDP expanded at an average annual rate of approximately 4.6%. Infrastructure investment was a considerable driving factor in this accomplishment. According to Vietnam Law Magazine, Vietnam spends about 6% of its ...
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Several successive government administrations have committed to modernising and developing Malaysia's infrastructure sector. The country sees infrastructure development as a key driver of economic growth. Although small infrastructure projects are ...
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The construction industry plays a crucial role in the socio-economic development of Vietnam. In 2023, it accounted for 6.3% of the nation's gross domestic product and employed 9.4% of Vietnam's workers. In 2024, the Gross Value Added of Vietnam's ...
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Valued at USD 49.5bn in 2024, Malaysia's construction sector employed 1.4mn people or 8% of the country's labour force. Aside from attracting foreign investments, the sector is a force multiplier fuelling economic growth. In 2023, the construction ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...
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The countries of the Association of Southeast Asian Nations (ASEAN) are a vastly diverse and uneven landscape in terms of infrastructure development. For instance, Singapore is a perennial global leader in infrastructure quality whereas other ...
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The construction sector, characterised by its extensive supply chain and substantial investments, is regarded as one of the pillars of China's economy. In recent years, the slowing pace of macroeconomic growth in China has underscored the increasing ...
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In recent years, Indonesia's construction sector has been supported mainly by the government's ambitious agenda for infrastructure development as the country seeks to improve and expand its connectivity network to reduce the development gap between ...
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The investment, design, construction, operation and management of ports, roads, bridges, trains, urban rail transportation, municipal infrastructures, buildings, environmental protection and associated projects domestically and internationally make ...
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