UAE Construction Industry Outlook 2016
- Language: English
- 70 Pages
- Published: February 2013
- Region: United Arab Emirates
BMI View:
High oil prices continue to buoy the economy but contentious politics in Kuwait remain a significant drag on implementation of infrastructure plans. The government has long failed to implement planned large scale infrastructure projects especially the Kuwait Development Plan, which has really struggled to get off the ground since US$108bn of funding was announced in 2010. Year on year (y-o-y)
growth is improving in 2013, although still relatively low at 3.6%, compared with previous performance.
Construction industry value is expected to rise from US$2.6bn in 2013 to US$5.0bn by 2021.
Key developments in Kuwait’s infrastructure sector include:
- Kuwait's Public Works Minister Fadhel Safar has signed a financing deal for new infrastructure projects in the country. The financing worth US$20.5mn will be directed towards infrastructure for the first phase of a project to construct five major blocks in the Funaitees area. The first phase will entail the installation of subsidiary roads, traffic signs, street lights, and water and sewerage networks.
- The Kuwait National Petroleum Company (KNPC) is to construct the largest oil refinery
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BMI Industry View 5
SWOT Analysis 6
Kuwait Infrastructure Industry SWOT 6
Market Overview 7
Competitive Landscape 7
Table: EQS Data 7
Building Materials 9
Middle East and North Africa 9
Cement Forecasts 14
Table: Kuwait Cement Production and Consumption Data, 2010-2016 14
Table: Kuwait Cement Production and Consumption Long Term Forecast, 2015-2021 15
Industry Forecast Scenario 16
Table: Kuwait Construction And Infrastructure Industry Data, 2010 – 2017 16
Table: Kuwait Construction And Infrastructure Long Term Forecast, 2014 – 2021 16
Construction and Infrastructure Forecast Scenario 18
Transport Infrastructure 20
Transport Infrastructure Outlook and Overview 20
Major Projects Table – Transport 22
Table: Major Projects – Transport 22
Energy and Utilities Infrastructure 24
Energy and Utilities Infrastructure Outlook and Overview 24
Major Projects Table – Energy And Utilities 27
Table: Major Projects – Energy and Utilities 27
Residential/Non-Residential Construction and Social Infrastructure 29
Residential/Non-Residential Building Outlook and Overview 29
Risk/Reward Ratings 31
Kuwait’s Risk/Reward Ratings 31
Rewards 31
Risks 31
Regional Overview 32
Table: Regional Infrastructure Risk/Reward Ratings 36
Company Monitor 37
Burhan International 37
Mabanee International 38
Kharafi National 39
Kuwait Company For Process Plant Construction & Contracting (KCPC) 40
Gulf Consult 41
Global Overview 42
Source: Bloomberg 48
Methodology 49
Industry Forecasts 49
Construction Industry 50
Data Methodology 50
New Infrastructure Data Sub-sectors 50
Construction 52
Capital Investment 52
Construction Sector Employment 53
Infrastructure Risk/Reward Ratings 53
Table: Infrastructure Business Environment Indicators 55
Company Monitor
Burhan International
Mabanee International
Kharafi National
Kuwait Company For Process Plant Construction & Contracting (KCPC)
Gulf Consult
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |