Follow on Google News News By Tag * Infrastructure * Construction * Transport * Ratings * Energy * Finance * Utilities * Projects * Investment * Eskom * More Tags... Industry News Country(s) Industry News
Follow on Google News | Recently released market study: South Africa Infrastructure Report Q3 2010New Construction research report from Business Monitor International is now available from Fast Market Research
Preparations for the hosting of the World Cup have fuelled South Africa's construction industry over the last few years, providing a boon for large construction firms and intensifying competition among smaller ones. However, BMI notes that the investment plans of the major state owned infrastructure owners and operators do present potential for construction industry value (and demand for building materials) to increase at a rapid rate. Aided by the recent US$3.75bn World Bank loan, state-owned electricity utility Eskom is moving forward with mammoth expansion plans, while state-owned Sanral and Transnet are pursuing investments in the country's transport network. In addition, the government is planning to build a substantial amount of housing - there is ZAR16bn (US$2.13bn) of planned investment in the current fiscal year alone. However, the issue is (as always), not with the willingness or the proposals, but implementation of these plans. Sustained attention has been paid to the power plants and transmission grid sector and energy infrastructure value grew by 124.85% in 2009 due to Eskom's huge investments (the company announced a ZAR385bn [US$50bn] five year expansion plan in 2008). Although energy and utilities maintains its dominance in infrastructure development going forward, growth will understandably slow with the sector reaching a value of ZAR43.03bn (US$5.45bn) in 2011, rising to ZAR54.03bn (US$7.02bn) in 2014. Financial uncertainties underlie South Africa's boom in energy and utilities, however. BMI continues to view the funding of the multi-billion dollar capacity-expansion plan as the major obstacle facing Eskom over the next few years. Despite a government commitment to provide US$8bn for the plan, we estimate that the company requires close to US$4bn per year over the five years in order to fund the expansion. Coupled with the low tariffs and current credit climate, we expect more tough times ahead for Eskom. Meanwhile, the value of transport infrastructure in its share of total infrastructure investment fell from 60% in 2007 to 21.35% in 2009. But after plummeting by 46.66% in 2009, growth in transport development will resume strongly from 2010, on the back of investment from Sanral and Transnet. In 2010, transport infrastructure will grow by 10% to ZAR11.75bn (US$1.57bn). The sub-sector will then grow within the 8% mark y-o-y in 2011-2013 before dropping slightly to 6.33% in 2014, when transport development will be worth ZAR19.94bn (US$2.59bn). For more information or to purchase this report, go to: - http://www.fastmr.com/ Partial Table of Contents: Executive Summary SWOT Analysis - South Africa Infrastructure Industry SWOT - South Africa Infrastructure Project Finance SWOT - South Africa Economic SWOT - South Africa Political SWOT Market Overview - South Africa Industry Forecast Scenario - Table: Economic & Construction data - Construction and Infrastructure Forecast Scenario Transport Infrastructure - Table: Transport Industry Data - Transport Infrastructure Forecast Scenario - Transport Infrastructure Overview - Table: Length Of Road Infrastructure Network In South Africa - Major Projects - New and Ongoing Projects - Airports - Ports - Roads - Railways - Major Projects Table - Transport - Table: Major Infrastructure Projects - Transport Energy and Utilities Infrastructure - Table: Energy & Utilities Industry Data - Energy and Utilities Infrastructure Forecast Scenario - Energy and Utilities Infrastructure Overview - Major Projects - New and Ongoing Projects - Power Plants And Transmission Grids - Pipelines - Water - Major Projects Table - Energy and Utilities - Table: Major Infrastructure Projects - Energy & Utilities - Special Events - 2010 World Cup Business Environment - South Africa Business Environment - Limits Of Potential Returns - Risk To Realisation Of Potential Returns - Regional Overview - Africa Infrastructure Business Environment Ratings - Table: Regional Infrastructure Business Environment Ratings Project Finance Ratings - South Africa Project Finance Ratings - Design and Construction - Commissioning and Operating - Overall Project Finance Rating - Regional Overview - Project Finance Ratings: Outlook For Africa - Table: Design And Construction Rating - Table: Commissioning And Operating Rating - Table: Overall Project Finance Rating Macroeconomic Outlook Political Outlook - Domestic Politics - Long-Term Political Outlook Company Monitor - Eskom - Transnet - Murray & Roberts Group (M&R) Global Overview - Global Project Finance Ratings - Table: Design and Construction Rating - Table: Commissioning and Operating Rating - Full Table of Contents is available at: -- http://www.fastmr.com/ About Business Monitor International Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at http://www.fastmr.com/ About Fast Market Research Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156. End
|
| |||||||||||||||||||||||||||||||||||||||||||||
Account Phone Number