jev-mm

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Construction: a key driver of economic growth?

2019-12-26T13:26:45+04:00December 26th, 2019|Economy|

By Eric Ng Ping Cheun  Contrary to tourism, manufacturing and financial services, construction is a non-tradable sector, which includes housing construction, construction of business structure and infrastructure-related construction. There is a relationship between stages of economic growth and demand for construction. Construction demand is low in less developed economies. During their expansion phase, the growth [...]

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