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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. I🐽t also includes management and leasing of land and properties, real estate brokerage, architectural and engineering service🐲s, warehousing and storage activities, and operation of car parks and garages.
The Polish construction sector generated GVA of PLN 144.1bn in 2019, which corresponded to 6.3% of the ♓country’s GDP. Of the PLN 230.2bn construction and assembly production value (realised by construction firms), 45.6% was ...
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Iꦅn 2019, the construction sector accounted for 7.1% of Mexico’s GDP, 1.2% of total FDI inflow and 7.8% of formal employment. During the 2014-2019 period, the construction sector contracted its GVA at a CAGR of 0.31% in ...
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In the first three quarters of 2020, amid the ongoing COVID-19 pandemic, the gove🐎rnment 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 a🌸lso getting prepared to enter the next stage of development and at the same time dealing with the im♍pact of the COVID-19 pandemic that abruptly ...
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Years after the 2015-2016 eco🥃nomic recession that profoundly chang🔴ed the Brazilian construction sector, recovery progressed strongly in 2019 with record-high new residential building launches and sales, and a commitment by the new ...
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The reaℱl estate and construction sector generates 15% of Russia’s GD𝓀P and employs some 12% of the country’s workforce, making it a key economic sector. According to MarketLine estimates, Russia’s real estate ...
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Both the real estate and construction industries registered growth in 2019 with this positive 📖dynamic being&nb🔯sp;attributed to sustained demand from industries such as IT-BPM and offshore gaming, as well as infrastructure projects in the country ...
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Malaysia has always been regarded as one of the prℱeferred countries for real estate investors due to its investor-friendly policies. However, the property market has been in constant decline since 2012. The construction sector registered ...
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Construction is the sixth largest economic sector in Colombia, accounting for 6.3% of the country’s GDP, 5.8% of total FDI inflow and 7.2% of formal eඣmployment✃ in 2019. However, due to its stagnation in the last three years ...
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The infrastructure sector is an essential support function for industrial and economic development. Its segments include pipelines, t💟elecoms, power transmission and transportation infrastructure. While there can be som💮e aspects of general ...
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