New Market Report Now Available: South Africa Infrastructure Report Q2 2010

New Construction research report from Business Monitor International is now available from Fast Market Research
 
April 6, 2010 - PRLog -- Following the release of new data for the construction industry value in 2008 from  Statistics South Africa,  BMI has updated and revised our data. We now have historic data to 2008, with our model forecasting data from 2009 to 2013. Based on the new data,  BMI's forecasts for real growth in the sector in 2008 (10.66%) were only slightly more bearish for the industry than the actual real growth rate (13.9%), and our forecast for the construction industry value (ZAR61.65bn) was very close to the actual amount (ZAR63.76). As a result, in  BMI's  Q209 South Africa Infrastructure Report we have revised upwards our forecasts for real growth in the construction industry for 2009 to 1.24% (from 0.6%) with the nominal value staying almost the same. We also now feel that although the construction industry will not be hit as hard by the global downturn, its effects will last a bit longer with real growth increasing year-on-year (y-o-y) to reach 6.78% by 2013.  BMI believes that real growth in the construction industry value will be much reduced in 2009 compared to 2008, and this is evident in the small number of new projects recorded this quarter. The vast majority have been in the utilities subsector. This is not surprising as state utility  Eskom is working to counteract the years of underinvestment that have led to shortages plaguing the country over the past year. Eskom's plans to build a nuclear power plant were put on the backburner in December 2008; however, in its place two additional coal-fired plants are planned. In the water sector, the US$681mn second phase of the Lesotho highlands project was approved in December 2008. Preparations for the 2010 Football World Cup are continuing, and  BMI believes that the construction related to this event will continue to be the driving element of positive growth in the industry. The country is working to improve transport infrastructure including airports, roads and rail, as well as the construction of stadia and tourist related facilities. Another major boost came in February 2009 when the government announced that it would increase planned infrastructure investments by around US$20bn to 2012, bringing the total pledged to US$79bn. The funds will be invested partly through state-owned companies such as  Transnet (US$8bn planned) and Eskom (US$34bn). Despite this, construction industry growth is expected to be much reduced in 2009 compared to 2008. This is due to the declining macroeconomic climate, with  BMI forecasting a slight recession for 2009, due to declining export demand, declining mining industry activity, reduced consumer expenditure and rising inflation and interest rates. This will also feed into making financing for projects harder to secure. In  BMI's  Q209 South Africa Infrastructure Report, we are introducing our new Infrastructure Project Finance Ratings. The ratings provide a globally-comparative, numerically-based assessment of the risks facing major infrastructure projects, which will in turn affect the source, availability and cost of finance. Of the nine countries assessed in Africa, South Africa ranks 4th with a score of 51.61 out of 100.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/55084_south_africa_infrastruct...

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 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 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
Table: South Africa - Economic Activity
-- Political Outlook
-- Company Monitor
-- Eskom
-- Transnet
-- Murray & Roberts Group (M&R)
-- Global Overview
-- Global Infrastructure Forecasts Revisited
-- Methodology
-- New Infrastructure Data Sub-sectors: Methodology
-- Infrastructure Forecasts: Methodology
-- Sources
-- Industry Forecasts

Full Table of Contents is available at:
-- http://www.fastmr.com/catalog/product.aspx?productid=5508...

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.
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