Nigeria Infrastructure Report Q1 2012
Business Monitor International, December 2011, Pages: 85
Nigeria’s construction sector has seen continued growth, with inflation at very low levels. Revised figures suggest that year-on –year (y-o-y) growth sat at 12.3% for 2011, with this trend continuing next year with 9.7% y-o-y growth. The construction industry value is expected to be US$3.3bn for 2012. High single figure growth rates will continue over the forecast period to 2021, when the construction industry value will stand at US$10.1bn
Key developments include:
- Namibian-Nigerian energy firm Sparkle Energy have announced plans to build a 4,000MW gas power plant in Nigeria. The plant will be built at an estimated cost of US$10bn, with US$50mn of the start-up costs provided by the Nigerian government. The main contractor for the project will be appointed by Q312, and the plant is scheduled to come onstream by end-2016. - Italian engineering firm Saipem secured a multi-million dollar engineering, procurement and construction (EPC) contract in Nigeria. The Rivers State government has awarded an 18-month contract to build the second train of the independent power plant (IPP) in Afam, Nigeria. The contract involves the provision of the complete range of EPC services for the open-cycle power plant, excluding the supply of the gas turbine.
- The state government of Ogun awarded China Civil Engineering Construction (CCECC) a NGN1.3bn (US$8.4mn) contract to build a road in Abeokuta, Nigeria. The road between the Ibara Roundabout and Ita-Eko-Totoro Road will be expanded to six lanes from the existing two lanes. The road will also have a green belt, street lights, drainage systems and other modern facilities, according to the Commissioner for Information and Strategy, Yusuph Olaniyonu. The project is likely to be completed within eight months.
Nigeria is facing a number of challenges over the coming decade, in the wake of the April 2011 elections. These polls were largely successful, giving the country an opportunity to exorcise the embarrassing experience of 2007 and claim Nigeria's place as a regional leader and economic powerhouse. The election results should further stimulate the development of new projects, causing the construction industry value to rise in 2012. In light of this, roads and railways will continue to account for the lion’s share of transport infrastructure industry value. Energy and utilities also hold upside potential, given the government’s ambitious plans for the sector.
Executive Summary
SWOT Analysis
Nigeria Infrastructure SWOT
Market Overview
Nigeria
Building Materials
Global
Industry Trend Analysis - Building Materials: China To Remain Demand Driver; Developed Markets Offer Little Support
Africa Industry Trend Analysis - Building Materials: Rising Capacity And Competition, But Risks Remain
Industry Forecast Scenario
Table: Nigeria Construction And Infrastructure Industry Data
Table: Nigeria Construction And Infrastructure Industry Data
Construction and Infrastructure Forecast Scenario
Transport Infrastructure
Table: Nigeria Transport Infrastructure Industry Data
Table: Nigeria Transport Infrastructure Industry Data
Transport Infrastructure Forecast Scenario
Transport Infrastructure Overview
Key Projects – Transport Infrastructure
Table: Major Projects - Transport
Energy and Utilities
Table: Nigeria Energy and Utilities Infrastructure Industry Data
Table: Nigeria Energy and Utilities Infrastructure Industry Data
Energy And Utilities Infrastructure Forecast Scenario
Energy And Utilities Infrastructure Overview
Table: List of IPPs in Nigeria
Key Projects – Energy and Utilities Infrastructure
Table: Major Projects – Energy And Utilities
Residential/Non-Residential Construction and Social Infrastructure
Table: Nigeria Residential and Non-residential Building Industry Data
Table: Nigeria Residential and Non-residential Building Industry Data
Residential/Non-Residential Construction Forecast Scenario
Residential/Non-Residential Construction and Social Infrastructure Overview
Major Projects Table – Residential/Non-Residential Construction and Social Infrastructure
Table: Major Projects – Construction And Social Infrastructure
Business Environment
Nigeria Business Environment
Rewards
Risks
Regional Overview
Africa Infrastructure Business Environment Ratings
Africa Infrastructure Risk/Reward Ratings: High Growth Masks Persistent Volatility
Table: Africa Infrastructure Risk/Reward Ratings
Company Monitor
Julius Berger Nigeria Plc.
Setraco Nigeria Limited
Global Overview
Infrastructure Finance In 2012: Déjà Vu?
Methodology
Industry Forecasts
Construction Industry
Data Methodology
New Infrastructure Data Sub-sectors
Construction
Capital Investment
Construction Sector Employment
Infrastructure Business Environment Rating
Table: Infrastructure Business Environment Indicators
Project Finance Ratings
Table: Design And Construction Phase
Table: Commissioning And Operating Phase – Commercial Construction
Table: Commissioning And Operating Phase – Energy And Utilities
Table: Commissioning And Operating Phase – Transport
Sources
Product Samples
A sample for this product is available. Please Login/Register to download this sample.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
