Oman Infrastructure Report Q2 2015

BMI Research
April 1, 2015
72 Pages - SKU: BMI5478832
Countries covered: Oman

Oman Infrastructure Report Q2 2015

BMI View: We have revised down our construction industry growth forecast for Oman in 2015 from 5.5%to 4.5% in light of falling oil prices and its impact on Oman's economy. This reflects our view that weakercrude prices will have a moderate impact on infrastructure investment in Oman, given its centrality to thegovernment's objectives. Should oil prices remain low over a sustained period of time, we would consider afurther downward revision to our medium-to-long term forecasts.

Key Trends And Developments

We forecast gross fixed capital formation (GFCF) to average 6.2% in the next 5 years by comparison tothe 7% in the last 5 years. This difference reflects our more moderate construction industry growthforecast in the short term, on the back of falling oil prices.

In addition to government's USD78bn five-year (2011-2015) spending plan, the government announcedin October 2013 that the country will spend over USD50bn in infrastructure projects in the next 15 years.

From this budget, USD20bn is earmarked for the transport sector - including Oman National Railway -which is where we see the strongest pipeline of projects.



More Heavy Construction reports by BMI Research

Malaysia Infrastructure Report Q2 2015 by BMI Research
Malaysia Infrastructure Report Q2 2015BMI View: While we expect the construction sector to see a slight slowdown from 2015 due to a weakening property market, ...
Thailand Infrastructure Report Q2 2015 by BMI Research
Thailand Infrastructure Report Q2 2015BMI View: The outlook for Thailand's construction and infrastructure sectors in 2015 continues to improve due to favourable monetary conditions, greater ...
New Zealand Infrastructure Report Q2 2015 by BMI Research
New Zealand Infrastructure Report Q2 2015BMI View: We expect New Zealand's construction sector to experience a growth slowdown in 2015, due primarily to the limited ...
Hungary Infrastructure Report Q2 2015 by BMI Research
Hungary Infrastructure Report Q2 2015BMI View: The Fidesz party emerging victorious in both general and municipal elections in 2014 has provided political continuity for Hungary. ...
See all reports like this >>

More Oman Heavy Construction reports

Oman Infrastructure Construction: Market Update by Timetric
Oman Infrastructure Construction: Market UpdateSynopsis"Oman Infrastructure Construction: Market Update" presents detailed data on market growth dynamics for the infrastructure construction market in Oman. It also ...
Infrastructure Construction in Oman to 2018: Market Forecast by Timetric
Infrastructure Construction in Oman to 2018: Market ForecastSynopsisTimetric’s 'Infrastructure Construction in Oman to 2018: Market Forecast' contains detailed historic and forecast market value data for ...
Sewage Infrastructure Construction in Oman to 2018: Market Databook by Timetric
Sewage Infrastructure Construction in Oman to 2018: Market DatabookSynopsisTimetric’s 'Sewage Infrastructure Construction in Oman to 2018: Market Databook' contains detailed historic and forecast market value ...
Water Infrastructure Construction in Oman to 2018: Market Databook by Timetric
Water Infrastructure Construction in Oman to 2018: Market DatabookSynopsisTimetric’s 'Water Infrastructure Construction in Oman to 2018: Market Databook' contains detailed historic and forecast market value ...
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!