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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.
Albeit challenging for all nations, the COVID-19 pandemic has been more of a driving force for the infrastructure sector in many Latin American countries than a restraining factor. In most Latin American countries, infrastructure ...
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Both transport and energy infrastructure in Russia are of great economic and political importance for the country, which helps to explain the strong government involvement witnessed in the sector. State-owned companies operate as natural ...
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Mexico has one of the most developed transport and energy infrastructure systems in Latin America. This is related to its key geographic location, bordering the US, the large size and trade openness of its economy, and the high level of ...
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The construction sector was finally showing signs of recovery in 2019, after registering contracting GVA since 2014, when the Car Wash Operation investigations started. The COVID-19 pandemic, which halted economic activity globally, ...
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South Africa is proud to have the best transport infrastructure in Sub-Saharan Africa and among the region's most developed electric power networks. Nevertheless, the decades-old model of state-owned conglomerates controlling infrastructure ...
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Joko Widodo won the hotly contested presidential elections of 2014 based, in part, on a platform of infrastructure investment to accelerate economic growth. This was successful as for decades the Indonesian economy had been plagued with ...
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