Economic development
The Brazil construction market is set to grow significantly in the coming years, driven by government initiatives, infrastructure development, and increased demand in various construction sectors. According to the report, the market size was valued at USD 127.63 billion in 2024 and is projected to grow at a CAGR
Economic development
The Indian construction market has shown significant growth, driven by government initiatives and increasing demand for infrastructure development. The market size reached USD 687.38 Billion in 2024 and is expected to grow at a CAGR of 8.60% between 2025 and 2034, reaching almost USD 1.56 trillion by
Economic development
China has taken a significant step in transforming its urban development patterns by unveiling a guideline aimed at promoting high-quality urban development. The guideline, jointly released by the Communist Party of China's Central Committee and the State Council, outlines major tasks for boosting high-quality urban development by 2030.
Economic development
Bolivia's construction market is experiencing steady growth, driven by government-led infrastructure development, rising urbanization, and increased foreign investment in residential and commercial real estate projects. The demand for affordable housing, modernization of transportation networks, and improvements in energy and utility infrastructure are fueling the market expansion. The integration
Economic development
The Hong Kong Government has launched the Mentorship Programme (Branding and E-commerce Development) to support small and medium-sized enterprises (SMEs) in developing their brands and expanding e-commerce sales networks in the mainland and ASEAN markets. The Programme, organized by the Support and Consultation Centre for Small and Medium Enterprises (SUCCESS)
Economic development
President Anura Kumara Disanayake has urged the Urban Development, Construction, and Housing Ministry to ensure the timely completion of projects launched under the 2025 Budget. The President's warning comes amidst a recurring problem of unspent allocations and project delays. A review of projects implemented under the 2025 Budget
Economic development
Somali Prime Minister Hamza Abdi Barre has concluded a visit to Ningxia's Ningdong Energy and Chemical Industry Base, accompanied by Somalia's Ambassador to China, Ambassador Hodan Osman. The base is a critical development zone and a leading hub for industrial and energy transformation in China. The
Economic development
Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, met with Masato Kanda, President of the Asian Development Bank (ADB), to solidify their commitment to advancing economic and developmental progress in Pakistan. The ongoing collaboration between Pakistan and the ADB was underscored, with the Finance Minister expressing gratitude for
Economic development
Automotive industry players from across the Yangtze River Delta gathered in Wuhu, Anhui Province, to explore new opportunities for collaboration and innovation within the regional automotive supply chain. The event, which included factory visits and discussions on precise supply-demand matching, demonstrated the manufacturing prowess of the region's super
Economic development
The meeting between Pakistan's Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and the Asian Development Bank (ADB) President, Mr. Masato Kanda, marks a significant milestone in the two institutions' long-standing partnership. The meeting was attended by senior officials from both sides, including Ms. Emma Fan,
Economic development
President Samia Suluhu Hassan presided over the launch ceremony of the Tanzania Initiative for Preventing Aflatoxin Contamination (TANIPAC), a collaborative effort between the African Development Bank, the Government of Tanzania, and the Global Agriculture Food Security Program (GAFSP). The initiative aims to significantly reduce aflatoxin contamination in staple crops such
Economic development
President Emmerson Mnangagwa met with a high-profile investment delegation from Qatar, led by His Highness Sheik Mansour Bin Jabor Bin Jassim Al Thani, to explore potential areas of co-operation in Zimbabwe's economy. The meeting, attended by senior government officials, focused on sectors such as agriculture, irrigation, and livestock
