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Construction in Belarus - Key Trends and Opportunities to 2020

Construction in Belarus - Key Trends and Opportunities to 2020

Synopsis

Construction activity in Belarus was weak in 2015 following the economic recession which resulted in a deteriorating business environment. Poor investor confidence reduced the infrastructure construction activities in the country. Consequently, the country’s construction industry contracted by 9.1% in real terms that year.The industry’s value is expected to pick up over the forecast period (2016–2020), with investments in public infrastructure, energy, commercial and industrial projects, and improvement in consumer and investor confidence. Programs such as the state road building program, through which the government aims to develop road infrastructure, will support growth in the industry over the forecast period. The probable persistence of the economic recession throughout 2016 is, however, expected to challenge the country’s construction industry over the forecast period. The Belarusian economy is expected to experience a gradual recovery from the recessionary phase in 2017.The industry’s output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 3.22% over the forecast period, up from -3.50% during the review period (2011–2015).

Summary

Timetric’s Construction in Belarus – Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Belarusian construction industry, including:

  • The Belarusian construction industry's growth prospects by market, project type and construction activity
  • Analysis of equipment, material and service costs for each project type in Belarus
  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Belarusian construction industry
  • Profiles of the leading operators in the Belarusian construction industry
  • Data highlights of the largest construction projects in Belarus
Scope

This report provides a comprehensive analysis of the construction industry in Belarus. It provides:
  • Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Belarus using construction output and value-add methods
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing
  • Detailed profiles of the leading construction companies in Belarus
Reasons To Buy
  • Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts.
  • Understand the latest industry and market trends.
  • Formulate and validate strategy using Timetric's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.
Key Highlights
  • With robust and modern infrastructure vital to economic growth and competitiveness, the Belarusian government is focusing on infrastructure development. Consequently, the government is planning to invest BYR90.8 trillion (US$5.0 billion) under the state road building program to develop the country’s road infrastructure by 2017.
  • To reduce power production costs and the country’s reliance on imported energy, and diversify energy resources, the government is focusing on developing nuclear energy sources, which will boost the country’s construction industry and economy. The government is seeking help from foreign investors to enhance the country’s energy infrastructure. Consequently, the Belarusian government is undertaking the Belarusian Nuclear Power Plant (NPP) project, in collaboration with the Russian government.
  • The government is seeking help from foreign private investors to improve the country's education sector. To help the government meet its targets, in September 2015 the World Bank approved a loan of BYR777.2 billion (US$50.0 million) for the new education modernization project.
  • The Belarusian tourism ministry implemented the visa-free regime policy for various countries such as Russia, Uzbekistan, Georgia, Kazakhstan, Armenia, Ukraine and Turkey; citizens of these countries no longer require a visa to enter Belarus. Such initiatives will increase construction activity, causing the leisure and hospitality buildings category to expand over the forecast period.
  • With an aim to promote energy-efficient housing construction, the government is focusing on the construction of new residential buildings which will comply with the new energy efficiency based construction standards and building designs. Accordingly, the government is investing BYR500.5 billion (US$32.2 million) for the construction of new building units, which will provide a 40.0% reduction in energy consumption when compared to those buildings constructed in line with the existing construction norms and thermal standards, and 70.0% energy reduction when compared to building units constructed prior to 1993.


  • EXECUTIVE SUMMARY
  • INDUSTRY OUTLOOK
    • Commercial Construction
    • Industrial Construction
    • Infrastructure Construction
    • Energy and Utilities Construction
    • Institutional Construction
    • Residential Construction
  • KEY ISSUES AND DEVELOPMENTS
  • MARKET DATA ANALYSIS
    • ConstructionOutput and Value Add
      • Construction output by project type
        • Table Belarusian Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Construction Output by Project Type (BYR Million), 2015-2020
      • Construction output by cost type
        • Table Belarusian Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Construction Output by Cost Type (BYR Million), 2015-2020
      • Construction output by activity type
        • Table Belarusian Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Construction Output by Activity Type (BYR Million), 2015-2020
      • Construction value add by project type
        • Table Belarusian Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Construction Value Add by Project Type (BYR Million), 2015-2020
    • Commercial Construction
      • Commercial construction output by project type
        • Table Belarusian Commercial Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Commercial Construction Output by Project Type (BYR Million), 2015-2020
      • Commercial construction output by cost type
        • Table Belarusian Commercial Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Commercial Construction Output by Cost Type (BYR Million), 2015-2020
      • Commercial construction output by activity type
        • Table Belarusian Commercial Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Commercial Construction Output by Activity Type (BYR Million), 2015-2020
      • Commercial construction value add by project type
        • Table Belarusian Commercial Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Commercial Construction Value Add by Project Type (BYR Million), 2015-2020
    • Industrial Construction
      • Industrial construction output by project type
        • Table Belarusian Industrial Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Industrial Construction Output by Project Type (BYR Million), 2015-2020
      • Industrial construction output by cost type
        • Table Belarusian Industrial Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Industrial Construction Output by Cost Type (BYR Million), 2015-2020
      • Industrial construction output by activity type
        • Table Belarusian Industrial Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Industrial Construction Output by Activity Type (BYR Million), 2015-2020
      • Industrial construction value add by project type
        • Table Belarusian Industrial Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Industrial Construction Value Add by Project Type (BYR Million), 2015-2020
    • Infrastructure Construction
      • Infrastructure construction output by project type
        • Table Belarusian Infrastructure Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Infrastructure Construction Output by Project Type (BYR Million), 2015-2020
      • Infrastructure construction output by cost type
        • Table Belarusian Infrastructure Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Infrastructure Construction Output by Cost Type (BYR Million), 2015-2020
      • Infrastructure construction output by activity type
        • Table Belarusian Infrastructure Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Infrastructure Construction Output by Activity Type (BYR Million), 2015-2020
      • Infrastructure construction value add by project type
        • Table Belarusian Infrastructure Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Infrastructure Construction Value Add by Project Type (BYR Million), 2015-2020
    • Energy and Utilities Construction
      • Energy and utilities construction output by project type
        • Table Belarusian Energy and Utilities Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Energy and Utilities Construction Output by Project Type (BYR Million), 2015-2020
      • Energy and utilities construction output by cost type
        • Table Belarusian Energy and Utilities Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Energy and Utilities Construction Output by Cost Type (BYR Million), 2015-2020
      • Energy and utilities construction output by activity type
        • Table Belarusian Energy and Utilities Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Energy and Utilities Construction Output by Activity Type (BYR Million), 2015-2020
      • Energy and utilities construction value add by project type
        • Table Belarusian Energy and Utilities Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Energy and Utilities Construction Value Add by Project Type (BYR Million), 2015-2020
    • Institutional Construction
      • Institutional construction output by project type
        • Table Belarusian Institutional Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Institutional Construction Output by Project Type (BYR Million), 2015-2020
      • Institutional construction output by cost type
        • Table Belarusian Institutional Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Institutional Construction Output by Cost Type (BYR Million), 2015-2020
      • Institutional construction output by activity type
        • Table Belarusian Institutional Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Institutional Construction Output by Activity Type (BYR Million), 2015-2020
      • Institutional construction value add by project type
        • Table Belarusian Institutional Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Institutional Construction Value Add by Project Type (BYR Million), 2015-2020
    • Residential Construction
      • Residential construction output by project type
        • Table Belarusian Residential Construction Output by Project Type (BYR Million), 2011-2015
        • Table Belarusian Residential Construction Output by Project Type (BYR Million), 2015-2020
      • Residential construction output by cost type
        • Table Belarusian Residential Construction Output by Cost Type (BYR Million), 2011-2015
        • Table Belarusian Residential Construction Output by Cost Type (BYR Million), 2015-2020
      • Residential construction output by activity type
        • Table Belarusian Residential Construction Output by Activity Type (BYR Million), 2011-2015
        • Table Belarusian Residential Construction Output by Activity Type (BYR Million), 2015-2020
      • Residential construction value add by project type
        • Table Belarusian Residential Construction Value Add by Project Type (BYR Million), 2011-2015
        • Table Belarusian Residential Construction Value Add by Project Type (BYR Million), 2015-2020
  • COMPANY PROFILE: TRIPLE LLC
    • Triple LLC - Company Overview
      • Table Triple LLC, Key Facts
    • Triple LLC - Main Products and Services
      • Table Triple LLC, Main Products and Services
    • Triple LLC - History
      • Table Triple LLC, History
    • Triple LLC - Company Information
      • Triple LLC - key competitors
      • Triple LLC - key employees
        • Table Triple LLC, Key Employees
  • COMPANY PROFILE: ITC ENGINEERING JLLC
    • ITC Engineering JLLC - Company Overview
      • Table ITC Engineering JLLC, Key Facts
    • ITC Engineering JLLC - Main Services
      • Table ITC Engineering JLLC, Main Services
    • ITC Engineering JLLC - History
      • Table ITC Engineering JLLC, History
    • ITC Engineering JLLC - Company Information
      • ITC Engineering JLLC - key competitors
      • ITC Engineering JLLC - key employees
        • Table ITC Engineering JLLC, Key Employees
  • COMPANY PROFILE: BELINTE-ROBA LLC
    • Belinte-Roba LLC - Company Overview
      • Table Belinte-Roba LLC, Key Facts
    • Belinte-Roba LLC - Main Services
      • Table Belinte-Roba LLC, Main Services
    • Belinte-Roba LLC - History
      • Table Belinte-Roba LLC, History
    • Belinte-Roba LLC - Company Information
      • Belinte-Roba LLC - key competitors
  • COMPANY PROFILE: FELIX LTD.
    • FELIX Ltd - Company Overview
      • Table FELIX Ltd, Key Facts
    • FELIX Ltd - Main Services
      • Table FELIX Ltd, Main Services
    • FELIX Ltd - History
      • Table FELIX Ltd, History
    • FELIX Ltd - Company Information
      • FELIX Ltd - key competitors
  • COMPANY PROFILE: BNK HOLDING
    • BNK Holding - Company Overview
      • Table BNK Holding, Key Facts
    • BNK Holding - Main Services
      • Table BNK Holding, Main Services
    • BNK Holding - History
      • Table BNK Holding, History
    • BNK Holding - Company Information
      • BNK Holding - key competitors
  • APPENDIX
    • What is this Report About?
    • Definitions
      • Table Timetric Construction Market Definitions
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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