2012-10-27 18:31:21 -
New Construction market report from Business Monitor International: "Germany Infrastructure Report Q4 2012"
BMI View: Compared to its European peers Germany's construction industry looks strong, but the eurozone crisis still threatens confidence in the sector. Construction industry value is expected to reach US$132.4bn for 2012, with year-on-year (y-o-y) growth of just 1.35%. A period of low growth is expected to continue throughout our 10-year forecast period, with annual average growth of 0.84% anticipated between 2012 and 2021, with industry value due to reach US$160.2bn by the end of this period.
Key developments include:
* German conglomerate Siemens Energy was awarded a contract to build a combined cycle power plant in Dusseldorf, reports Power Technology. The 595MW facility will be located at the port of Dusseldorf and cost between EUR400mn (US$495mn) and EUR500mn (US$619mn) to
build. Siemens Energy will also be responsible for maintaining the facility.
* WindMW, a joint venture between Blackstone and Windland Energieerzeugungs, initiated construction work on a wind farm located offshore the German coast in the North Sea. The Meerwind Sud and Ost wind farm will have a power generation capacity of 288MW and will be equipped with 80 wind turbines, each with a capacity of 3.6MW. The farm became the first offshore wind plant in Germany to conclude financing as part of the innovative KfW offshore wind programme in August 2011. The project is being carried out as per the schedule to become fully commissioned in 2013.
* German construction company Bilfinger Berger has announced a 77% increase in pre-tax profit for H112, to EUR161mn (US$203mn), reports International Construction. Overall revenue also rose by 2%, to EUR4.13bn (US$5.04bn), over the same period. However, Bilfinger Berger reported a 39% decline in net profit, owing to its sale of Australian construction company Valemus in 2011. The company expects to make EUR8.4bn (US$10.2bn) in revenue in 2012, on a par with its 2011 performance.
Full Report Details at
-
www.fastmr.com/prod/479420_germany_infrastructure_report_q4_2012 ..
The formation of a majority government by the Social Democrats and the Greens in Germany's most populous state of North Rhine-Westphalia will embolden the opposition nationally, placing Chancellor Angela Merkel and her Christian Democratic Union on the defensive. Although we see scope for a considerable shake-up in policy and personnel at party headquarters in Berlin, we do not view the election on May 13 2012 as a major threat to the chancellor's chances in 2013's general election.
Germany's economic outlook remains clouded by the continued risk of a eurozone breakup scenario, which would lead to an immediate collapse in fixed investment and hit external demand for German exports very hard. The crisis adds to the urgency for eurozone governments to remain focused on fiscal austerity, which will keep Germany's primary export markets on a weak growth trajectory for several years to come.
Partial Table of Contents:
SWOT Analysis
- Germany Infrastructure SWOT
Market Overview
- Competitive Landscape
Building Materials
- Global
- Europe
- Table: Cement - Price/Volume % Variances (9m10/9m11)
- Cement Forecasts
- Table: Germany Cement Production and Consumption Data, 2009 - 2016
- Table: Germany Cement Production and Consumption Long-Term Forecast, 2014 - 2021
Industry Forecast Scenario
- Table: Germany Construction And Infrastructure Industry Data, 2008 - 2016
- Table: Germany Construction And Infrastructure Long-Term Forecast, 2013 - 2021
- Construction and Infrastructure Forecast Scenario
Transport Infrastructure
- Table: Germany Transport Infrastructure Industry Data, 2008 - 2016
- Table: Germany Transport Infrastructure Long-Term Forecast, 2013 - 2021
- Transport Infrastructure Outlook and Overview
- Major Projects Table - Transport
- Table: Major Projects - Transport
Energy and Utilities Infrastructure
- Table: Germany Energy and Utilities Infrastructure Industry Data, 2008 - 2016
- Table: Germany Energy and Utilities Infrastructure Long-Term Forecast, 2013 -2021
- Energy and Utilities Infrastructure Outlook and Overview
- Major Projects Table - Energy And Utilities
- Table: Major Projects - Energy and Utilities
Residential/Non-Residential Construction and Social Infrastructure
- Table: Germany Residential and Non-residential Building Industry Data, 2008 - 2016
- Table: Germany Residential and Non-residential Building Long-Term Forecast, 2013 - 2021
- Residential/Non-Residential Building Outlook and Overview
- Major Projects Table - Residential/Non-Residential Construction and Social Infrastructure
- Table: Major Projects - Residential/Non-Residential Construction and Social Infrastructure
Risk/Reward Ratings
- Germany's Risk/Reward Ratings
- Rewards
- Risks
- Regional Overview
- Developed States Infrastructure Risk/Reward Ratings
- Table: US Transport PPPS
- Table: Developed States Infrastructure Risk/Reward Ratings
Company Monitor
- Hochtief
- RWE
- Bilfinger Berger
Global Overview
- Table: BMI Infrastructure Index - YTD Top Performers (%)
- Table: BMI Infrastructure Index - YTD Worst Performers (%)
Methodology
- Industry Forecasts
-
Full Table of Contents is available at:
--
www.fastmr.com/catalog/product.aspx?productid=479420&dt=t
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
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
www.fastmr.com or call us at 1.800.844.8156.