Naperville, IL -- (SBWIRE) -- 06/16/2014 -- Reportstack, provider of premium market research reports announces the addition of Kazakhstan Infrastructure Report Q3 2014 market report to its offering
Kazakhstan's construction industry struggled over 2013 and as such we have dropped our 2014
full year real growth forecast to 3.3% from 7.3%. In the run up to the 2016 World Expo we expect the
construction industry to perform better - although we note that following a major devaluation in the tenge
the residential and non-residential sector will struggle to take off.
Key Trends And Developments
? We are mainly highlighting the downside to the currency devaluation. While the devaluation will provide
a boost to net exports, it is set to drag on the key driver of Kazakh economic activity: private
consumption. As such, demand for housing, commercial and industrial construction will all diminish over
the short term at least.
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