BMI View: The Yemeni construction sector faces ongoing structural difficulties but is expected to show some growth in 2013. The industry is only now expected to regain its 2010 value, after a slump that wiped out nearly a quarter of its value. Year-on-year (y-o-y) growth of 3.1% is forecast for 2013, up slightly on previous estimates, taking the industry’s value to US$2.86bn. Growth over the forecast period is expected to average 1.9% y-o-y, with industry value expected to reach US$3.9bn by end-2022. Key developments in the sector: ? Yemen and the World Bank (WB) signed three financing agreements worth US$206mn …
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