Kuwait Infrastructure Report Q1 2014 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-04-03 05:51:03
Work on Kuwait´s extensive infrastructure investment programme has been subject to various delays in recent years, but we are starting to see good progress being made. Claims of corruption have been putting off foreign investors from key infrastructure projects in Kuwait, despite government´s support towards development projects. In comparison to its GCC neighbours, Kuwait´s industry size is relatively small and will experience more moderate growth rates. Between 2014 and 2018, BMI forecasts the value of the Kuwaiti construction industry to increase from US$3.5bn in 2014 to US$6.8bn by 2023, growing at an improved - albeit still modest - rate of 4% year-on-year (y-o-y) annually. However, we see energy and nonresidential segments as areas offering relatively better growth potential during the medium to long term.
Estimates from the Central Bank of Kuwait reveal that the construction industry value grew by a modest 0.36 % y-o-y and 1.8% y-o-y - in real terms - respectively during 2010 and 2011. However, in the 2013/14 fiscal year alone, the government is planning to invest US$15.8-17.5bn to support development projects.
Click for report details: www.companiesandmarkets.com/Market/Construction/Market-Research/ ..
Browse all Construction Market Research Reports www.companiesandmarkets.com/Market/Construction/Market-Research? ..
Browse all Construction Company Profile Reports www.companiesandmarkets.com/Market/Construction/Company-Profile? ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.