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Bhutan Duplex Apartment Construction Industry Analysis
From my understanding, the construction industry in Bhutan has been relatively small and it has been mostly focused on traditional housing types, such as single-family houses, with not many duplex apartment projects have been developed in the country. However, in recent years, the Bhutan government has been encouraging the construction of more modern housing, including duplexes and apartments, to provide affordable options for its growing population.
In terms of duplex apartment projects specifically, they are not very common in Bhutan but as the population grows and demand for housing increases, more such projects are likely to be developed in the future. The main focus of the projects will be to provide affordable housing options for the citizens.
The overall outlook for the construction industry in Bhutan is considered to be positive, with the government making efforts to support the industry through various initiatives, such as investment in infrastructure projects and improvement of lending conditions. Additionally, the government has set a goal of achieving 100% housing coverage by the year 2022, which would further drive the development of the market.
However, it should be noted that Bhutan has a small and developing economy, which can affect the development of the construction industry. Also, the market for duplex apartment projects is new and therefore it's difficult to predict its exact trajectory.
In summary, The market for duplex apartment projects in Bhutan is still new and not very extensive, but it is showing signs of growth in recent years, driven by increasing demand for affordable housing options and government initiatives to support the industry. The overall outlook for the construction industry in Bhutan is considered to be positive, but the growth of the market will be affected by the country's small and developing economy.
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