2013-02-22 14:17:48 -
New Construction research report from Business Monitor International is now available from Fast Market Research
BMI View: Yemen continues to face both political and economic difficulties that threaten to hamper growth in its construction and infrastructure industry. We forecast that the contraction seen by the sector over 2011 and 2012 will continue, but at a slower rate. We expect a year-on-year contraction of 1.8% for 2013, taking the industry's value to US$2.0bn. Weak growth is set to return from 2015 onwards, with industry value expected to reach US$4.4bn by end-2021.
Key developments in the sector:
* Yemen's electricity and energy minister, Saleh Sumai, has announced that the ministry is to supply 500 megawatts (MW) of additional power by mid-2013. He also announced contracts to buy 183MW and outlined details of an extra 243MW that is to
be produced.
* Yemen's state-owned Public Electricity Corporation (PEC) has received proposals for a 305km transmission line connecting Dhamar with Aden, passing through Ibb and Taiz. The winning company will secure a 27-month contract to design, produce, deliver, deploy, test and commission the project, which has already received funding from the Abu Dhabi Development Fund. In addition, the contract will involve connecting the five line sections and points with new and old substations.
* The Zayid Motherhood and Childhood Hospital opened in the al-Rawda area of Sana'a. The hospital, which required investment of around YER1.5bn (US$6.94mn), aims to improve health services for children and mothers. It will provide essential healthcare services to people in the Bani al-Harith district and from other cities. The hospital has five floors, each with 180 beds, five operation rooms, external clinics and emergency rooms.
Full Report Details at
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www.fastmr.com/prod/536605_yemen_infrastructure_report_q1_2013.a ..
Political stability will continue to elude Yemen for the foreseeable future. Although the country's fortunes appeared to be improving, following the election of Mansur al-Hadi as president in February 2012, the uptick in violence over the year demonstrates that Yemen's political conflict is far from over. Without significant international support, the country risks falling into another period of prolonged instability.
Although inflation in Yemen looks to be past its peak, rapidly rising prices will remain the norm well into 2013. Political violence has resulted in supply-side disruptions across the economy, and in the absence of a broad-based calming of the country's ongoing political conflict, we expect inflation to stay in the double digits for the foreseeable future.
Report Table of Contents:
BMI Industry View
SWOT Analysis
- Yemen Infrastructure SWOT
Market Overview
- Competitive Landscape
Building Materials
- Middle East and North Africa
- Cement Forecasts
- Table: Yemen Cement Production and Consumption Data, 2010-2016
- Table: Yemen Cement Production and Consumption Long Term Forecasts, 2015-2021
Industry Forecast Scenario
- Table: Yemen Construction And Infrastructure Industry Data, 2010-2016
- Table: Yemen Construction And Infrastructure Industry Data, 2015-2021
- Construction And Infrastructure Forecast Scenario
Transport Infrastructure
- Outlook and Overview
- Major Projects Table - Transport
- Table: Major Projects - Transport
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
- Outlook and Overview
- Major Projects Table - Residential, Non-Residential and Social Infrastructure
- Table: Major Projects - Residential, Non-Residential and Social Infrastructure
Risk/Reward Ratings
- Yemen's Risk/Reward Ratings
- Rewards
- Risks
- Regional Overview
- Table: Regional Infrastructure Risk/Reward Ratings
Company Monitor
- Al-Rehab Engineering
- HAWK International
Global Overview
- Source: Bloomberg
Methodology
- Industry Forecasts
- Construction Industry
- Data Methodology
- New Infrastructure Data Sub-sectors
- Construction
- Capital Investment
- Construction Sector Employment
- Infrastructure Risk/Reward Ratings
- 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
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.
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