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Egypt to build new US$45bn capital city

Egypt to build new US45bn capital cityEgypt has unveiled plans for a new 700sq km capital city to be built to the East of Cairo

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633 new hotels under contract in Africa and the Middle East

633 new hotelsProvider of hotel industry performance forecasts, STR Global, has announced that there are 633 hotels under contract in the Middle East/Africa region in a new report published by the firm

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South Africa’s construction industry growing, states PwC report

construction-damiendutoit-flickrProfessional network services provider PwC has released a report which states that South Africa’s construction industry is growing stronger and“looks poised” to support the country’s infrastructure development

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Hong Kong property developer to build city in South Africa

joburg-evanbench-flickrHong Kong property developer group Shanghai Zendai will construct a US$7.6bn city in South Africa in 2015

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Sub-Saharan Africa’s infrastructure spending to exceed US$180 million by 2025, says PwC report

infra-africaThe overall infrastructure spending in the sub-Saharan region is projected to grow by 10 per cent a year over the next decade and will exceed US$180bn by 2025, a new report by PricewaterhouseCoopers (PWC) reveals

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