Market Report, "Saudi Arabia Infrastructure Report Q4 2014", Published

Fast Market Research recommends "Saudi Arabia Infrastructure Report Q4 2014" from Business Monitor International, now available

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Boston, MA -- (SBWire) -- 09/15/2014 --Our view for the Saudi Arabian construction industry to post weaker growth H1 14 due to constraints in the labour sector has played out. We are maintaining our full year 2014 forecasts at 7.3% and see 2015 being a bumper year at 10.5% year-on-year. Although Q114 data was weak, we expect activity will pick up during H214 . In line with our view, Saudi Arabia plans to adopt measures which are aimed at relieving the financial burden of taking on foreign workers - a key drag on our buoyant outlook for Saudi Arabia's construction industry growth over 2014.

BMI's new Saudi Arabia infrastructure and residential/non-residential building forecasts:

- We forecast that the transport sector will grow in real terms by 7% and 7.7% in 2014 and 2015 respectively. With many of the major projects under development being awarded over the past four years, the majority of them will reach completion by 2018. As such we are forecasting a slowdown in the sector - although the rail sector will continue to keep growth elevated with projects such as the Saudi Landbridge and the second and third phases of the Mecca Metro expected to still be under construction post-2020. After averaging 8.8% real growth between 2014 and 2018, from 2019 to 2023 the sector will post slower growth averaging 5.8%.
- Despite high levels of investment, we are forecasting that the residential and non-residential sector will struggle over 2014. This is in line with our view that during H114 smaller, local players, which are undertaking much of the work in the residential and non-residential building sector, would be adversely affected by the new Saudi labour laws, as opposed to the major players who are building infrastructure projects. However, we expect a bounce back in 2015 with 9.9% real growth and then for the sector to average 7.6% up to 2021. Importantly from 2022 onwards we expect the sector to outperform in terms of growth the infrastructure sector. As government investment in...

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The Saudi Arabia Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Saudi Arabia Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Saudi infrastructure and construction industry.

Key Benefits

- Benchmark BMI's independent infrastructure industry forecasts for Saudi Arabia to test other views - a key input for successful budgetary and planning in the Saudi infrastructure market.
- Target business opportunities and risks in the Saudi infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Saudi Arabia.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering infrastructure and construction, regulatory changes, major investments and projects and significant multinational and national company developments.

These are broken down into Construction (social, commercial and residential), Transport (roads, railways, ports, airports etc), and Energy & Utilities (powerplants, renewable projects, pipelines and so on).

Industry Trends

Analysis of latest projects across the infrastructure sector (covering the transport, utilities and commercial construction sub-sectors) - including:

Market Overview:Analysis of the key elements driving developments, including evaluations of current capacity and future requirements.

Building Materials Overview

The building materials overview provides industry trend analysis on the global and regional demands for building materials and the impact of this on the emerging and developed markets.

Business Environment Rankings

BMI's Infrastructure Business Environment Rankings provide a country-comparative Risk-Reward Rankings index aimed at investors (construction companies, suppliers and partners) in the regional infrastructure market.

The rankings methodology makes sophisticated use of over 40 industry, economic and demographic data point.

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Fast Market Research, Inc.
800-844-8156
http://www.fastmr.com

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