OPPORTUNITIES

A clear priority in all countries
where we are working.

Clear recognition that the housing sector could be
an engine of economic growth & a factor of
social stability (India)

Huge housing needs (India, China, countries in transition)

Macro-economic conditions improving
(Inflation under control, rate of interest declining)

Strong lenders (India, Baltic States)

Better understanding of the need for a strong
primary market to develop a secondary market

Transition to market economy (Baltic States, Serbia)

Reduce need for government direct support

Need for standardization is well understood