|
|
Germany Infrastructure Report Q1 2007Published by: Business Monitor International Published: Mar. 1, 2007 - 31 Pages Table of Contents
AbstractBMI’s newly released Germany Infrastructure Report Q107 forecasts moderate growth of 2.45% per annum during 2007-2011. The industry value in 2006 has been estimated at EUR80.72bn (US$99.69bn). The country’s GDP in Q306 grew 0.6% as compared to Q206. Increasing expenditure on construction was one of the main factors for an increased GDP.Germany has recorded growth in various infrastructure-related projects in 2006. Major developments have taken place in airport construction, power plants and railways. Main construction projects include the expansion of the Berlin-Tegel and the Frankfurt Rhein airports in Germany; and improvement of the railway network tracks in Berlin by the Finland-based Pöyry's Infrastructure & Environment business group. Germany is also trying to reduce its dependence on imported oil and gas, for which it is setting up new biogas plants and sourcing the same from the Persian Gulf. Commercial construction is also recording growth, with a number of project plans stated for buildings, site roads, parking lots and service infrastructure. Some of the main companies having presence in the German construction industry are the local Hochtief and Bilfinger & Berger. An ageing population and a housing oversupply in eastern Germany can, however, affect the German construction industry. Nevertheless, the industry is forecast to reach a value of EUR100.29bn (US$127.37bn) in 2011. As per the BMI Business Environment Ranking matrix, Germany receives a composite score of 31, which ranks the country second out of the three states included from the developed world. Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||