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Market Report, "Nigeria Infrastructure Report Q3 2011", published

Recently published research from Business Monitor International, "Nigeria Infrastructure Report Q3 2011", is now available at Fast Market Research

 
PRLog - Jul. 5, 2011 - BMI View: Our forecasts for Nigeria have played out well, with new historic data confirming that overall construction industry value experienced a deep contraction in 2009 and 2010. Yet, Nigeria's construction industry value is now on the rise and the positive outcome of the election should further stimulate the development of new projects. In particular, we anticipate that 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. As such, BMI is now forecasting Nigeria's construction industry to reach US$3.6bn in 2011, and US$8.7 by 2015.

Key developments in the latest quarter include:

*  The start of construction on the Abuja-Kaduna railway, which has prompted us to upwardly revise our forecasts for Nigerian railways infrastructure value between 2011 and 2014. The estimated cost of the project is US$875mn, making it the largest transport infrastructure project under construction in Nigeria. We now forecast that real industry value growth will be 24.4% in 2011, compared to our previous forecast of 10.6%. A massive cement plant is now under construction in Ibese, in south western Nigeria, and will provide a much needed boost to the African nation's cement-starved construction sector once it begins operations in July 2011. BMI notes that the chronic undersupply and price volatility of cement remains a constant threat to the delivery of critical housing and infrastructure projects in the country. However, significant new capacity due to be installed in 2011 has the potential to turn Nigeria from a net importer to a net exporter over the next couple of years.
 *  In April 2011 the government unveiled an industrial investment package for the development of infrastructure in the natural gas sector. The plan includes the construction of a petrochemical plant, two fertilizer plants, five fertilizer blending plants, a methanol plant and a Liquefied Petroleum Gas (LPG) distribution plant. If successfully delivered, it will position Nigeria as a regional hub for gas-based industries and serve as the catalyst for a major reindustrialisation of the country. However, as the plan is still in its infancy and many uncertainties remain, we have refrained from including the projects in our energy and utilities infrastructure forecasts.
 *  The positive outcome of the elections held in April 2011, should result in an improved business environment. The immediate aftermath of the elections has been characterised by political stability, and we believe that, if maintained, these conditions will help to foster investor confidence. Furthermore, the re-election of Goodluck Jonathan represents is very positive, as the newly appointed administration is likely to be keen to advance the projects approved before the elections.

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Full Report Details at
- http://www.fastmr.com/prod/204758_nigeria_infrastructure_...
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Report Table of Contents:

SWOT Analysis
- Nigeria Infrastructure SWOT
Market Overview
- Nigeria
Building Materials
- Global Materials
- Africa Overview
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 Infrastructure 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
- Table: Major Infrastructure Projects - Energy & 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
Business Environment
- Nigeria Business Environment
- Rewards
- Risks
- Regional Overview
- Africa Infrastructure Business Environment Ratings
- Table: Regional Infrastructure Business Environment Ratings
Company Monitor
Julius Berger Nigeria Plc.    
- Setraco Nigeria Limited
Global Overview
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

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/catalog/publishers.aspx?pubid=1010

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.

# # #

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.

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Phone:1.800.844.8156
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State/Province:Massachusetts - United States
Industry:Construction, Industrial, Engineering
Tags:Infrastructure, construction, bank, reforms, projects, q410, implementation, foreign currency, reserves, upside
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