Kazakhstan Infrastructure Report Q3 2012 - New Market Research Report
BMI View: Kazakhstan's construction industry is forecast to post strong growth in 2012, driven by demand for the country's resources. Year-on-year (y-o-y) growth is at 6.0% for 2012 rising as high as 9% by 2014. The industry value is expected to increase from US$15.2bn in 2012 to US$29.2bn by the end of our forecast period in 2016. Despite strong growth figures, long-term political stability does raise some potential issues for the country.