Kazakhstan Infrastructure Report Q2 2014

Business Monitor International
March 12, 2014
82 Pages - SKU: BMI5214847
Countries covered: Kazakhstan

Kazakhstan Infrastructure Report Q2 2014

BMI View: Kazakhstan's construction industry will experience solid growth over our forecast period on theback of continued investment into the hydrocarbons sector, transport links and industrialprojects. However, following a major devaluation in the tenge, we have downgraded our forecasts for thesector, as the nascent development of the residential and non-residential sectors will be negativelyimpacted. We estimate that 5.7% growth was posted in 2013 and as progress is made on a number of largescaleprojects, a revised down forecast of 7.3% is expected in 2014. Long-term political stability remainsthe major risk to confidence, although there are signs that a presidential successor is being lined up, whichwill lower the risk outlook. The construction sector will remain exposed to global oil and commodity pricefluctuations.

Key Trends And Developments

We are mainly highlighting the downside to the currency devaluation. While the devaluation will providea boost to net exports, it is set to drag on the key driver of Kazakh economic activity: privateconsumption. As such, demand for housing, commercial and industrial construction will all diminish overthe short term at least.



More Heavy Construction reports by Business Monitor International

United Kingdom Infrastructure Report Q4 2014 by Business Monitor International
United Kingdom Infrastructure Report Q4 2014BMI View: We have upgraded our forecasts for construction industry value growth in the UK to 4.3% in2014 and 3.5% ...
Spain Infrastructure Report Q4 2014 by Business Monitor International
Spain Infrastructure Report Q4 2014BMI View: Spain's construction sector is expected to post positive growth in 2015 following seven years ofrecession. The recovery will be ...
Kuwait Infrastructure Report Q4 2014 by Business Monitor International
Kuwait Infrastructure Report Q4 2014BMI View: Our view for modest positive growth within Kuwait's construction sector is playing out drivenlargely by the housing sector, with ...
Infrastructure Report - Yemen Q4 2014 by Business Monitor International
Infrastructure Report - Yemen Q4 2014BMI View: The construction industry in Yemen continues to remain under-powered with modest growthdespite significant upside potential. The security outlook ...
See all reports like this >>

More Kazakhstan Heavy Construction reports

Infrastructure Report - Kazakhstan Q4 2014 by Business Monitor International
Infrastructure Report - Kazakhstan Q4 2014BMI View: The sluggish performance of Kazakhstan's economy supports our move last quarter to drop our2014 full year real growth ...
See all reports like this >>

 

SELECT A LICENSE

    Report with 3 quarterly updates  USD 1,295  
    Report with 3 quarterly updates
3 User License
  USD 1,945  
    Report with 3 quarterly updates
5 User License
  USD 2,500  
    Report with 3 quarterly updates
Departmental/Site License
  USD 2,995  
    Global Site License Fulfilled by Publisher  USD 6,995  
 
US: 800.298.5699
Int'l: +1.240.747.3093
 

Share this report


    Other tasks

     
     
    Join Alert Me now!
    Receive bi-weekly email alerts on new market research

    Sign up today!