Market Research Logo

Construction in Kazakhstan – Key Trends and Opportunities to 2020

Construction in Kazakhstan – Key Trends and Opportunities to 2020

Synopsis

In real terms, Kazakhstan’s construction industry registered positive growth during the review period (2011–2015), driven by public and private sector investments in construction projects.

Despite uncertain economic conditions, government efforts to finance infrastructure projects by allocating finances from the National Fund of the Republic of Kazakhstan (NFRK), supported construction activity during the review period, particularly in 2014 when it allocated KZT483.8 billion (US$2.7 billion) to infrastructure projects.

The industry’s output value in real terms increased at a review-period compound annual growth rate (CAGR) of 7.93%, and is expected to register a forecast-period CAGR of 6.39%.

There are certain challenges associated with Kazakhstan’s construction industry outlook. Low oil prices and a budget deficit are expected to limit growth potential during the early part of the forecast period.

Government efforts to improve transport infrastructure and develop regional connectivity will support the industry’s growth over the forecast period.

Summary

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

  • Kazakhstani construction industry's growth prospects by market, project type and construction activity
  • Analysis of equipment, material and service costs for each project type in Kazakhstan
  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Kazakhstani construction industry
  • Profiles of the leading operators in the Kazakhstani construction industry
  • Data highlights of the largest construction projects in Kazakhstan
Scope
  • This report provides a comprehensive analysis of the construction industry in Kazakhstan. It provides:
  • Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Kazakhstan 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 Kazakhstan
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 the aim of promoting economic growth, the government launched the Nurly Zhol program. This program involves an investment of over KZT241.4 billion (US$1.1 billion) and includes the development of the country’s infrastructure in various sectors, including transport, industrial, tourism, housing, energy and education by 2019.
  • In January 2015, the government launched the Second Irrigation and Drainage Improvement program, in collaboration with the International Bank for Reconstruction and Development (IBRD). The program aims to improve the country’s irrigation and drainage infrastructure by 2021.
  • Kazakhstan will host EXPO-2017 in the capital city of Astana from June 10 to September 10, 2017. EXPO-2017 is an international event which will showcase the major achievements and prospects of sustainable energy sources. The event is expected to attract over five million visitors from 100 countries. Accordingly, the government announced its plan to implement 26 construction projects to accommodate the influx of visitors.
  • In a bid to revitalize growth in the oil sector, the Ministry of Energy is making efforts to attract foreign investments in the sector. In July 2016, the government approved an expansion project in the Tengiz oil field, which is located on the Caspian Sea in Kazakhstan. The project will be implemented by Chevron Corporation, a major energy company based in the US.


  • 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
    • Construction Output and Value Add
      • Construction output by project type
        • Table Kazakhstani Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Construction Output by Project Type (KZT Million), 2015-2020
      • Construction output by cost type
        • Table Kazakhstani Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Construction Output by Cost Type (KZT Million), 2015-2020
      • Construction output by activity type
        • Table Kazakhstani Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Construction Output by Activity Type (KZT Million), 2015-2020
      • Construction value add by project type
        • Table Kazakhstani Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Construction Value Add by Project Type (KZT Million), 2015-2020
    • Commercial Construction
      • Commercial construction output by project type
        • Table Kazakhstani Commercial Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Commercial Construction Output by Project Type (KZT Million), 2015-2020
      • Commercial construction output by cost type
        • Table Kazakhstani Commercial Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Commercial Construction Output by Cost Type (KZT Million), 2015-2020
      • Commercial construction output by activity type
        • Table Kazakhstani Commercial Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Commercial Construction Output by Activity Type (KZT Million), 2015-2020
      • Commercial construction value add by project type
        • Table Kazakhstani Commercial Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Commercial Construction Value Add by Project Type (KZT Million), 2015-2020
    • Industrial Construction
      • Industrial construction output by project type
        • Table Kazakhstani Industrial Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Industrial Construction Output by Project Type (KZT Million), 2015-2020
      • Industrial construction output by cost type
        • Table Kazakhstani Industrial Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Industrial Construction Output by Cost Type (KZT Million), 2015-2020
      • Industrial construction output by activity type
        • Table Kazakhstani Industrial Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Industrial Construction Output by Activity Type (KZT Million), 2015-2020
      • Industrial construction value add by project type
        • Table Kazakhstani Industrial Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Industrial Construction Value Add by Project Type (KZT Million), 2015-2020
    • Infrastructure Construction
      • Infrastructure construction output by project type
        • Table Kazakhstani Infrastructure Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Infrastructure Construction Output by Project Type (KZT Million), 2015-2020
      • Infrastructure construction output by cost type
        • Table Kazakhstani Infrastructure Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Infrastructure Construction Output by Cost Type (KZT Million), 2015-2020
      • Infrastructure construction output by activity type
        • Table Kazakhstani Infrastructure Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Infrastructure Construction Output by Activity Type (KZT Million), 2015-2020
      • Infrastructure construction value add by project type
        • Table Kazakhstani Infrastructure Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Infrastructure Construction Value Add by Project Type (KZT Million), 2015-2020
    • Energy and Utilities Construction
      • Energy and utilities construction output by project type
        • Table Kazakhstani Energy and Utilities Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Energy and Utilities Construction Output by Project Type (KZT Million), 2015-2020
      • Energy and utilities construction output by cost type
        • Table Kazakhstani Energy and Utilities Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Energy and Utilities Construction Output by Cost Type (KZT Million), 2015-2020
      • Energy and utilities construction output by activity type
        • Table Kazakhstani Energy and Utilities Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Energy and Utilities Construction Output by Activity Type (KZT Million), 2015-2020
      • Energy and utilities construction value add by project type
        • Table Kazakhstani Energy and Utilities Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Energy and Utilities Construction Value Add by Project Type (KZT Million), 2015-2020
    • Institutional Construction
      • Institutional construction output by project type
        • Table Kazakhstani Institutional Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Institutional Construction Output by Project Type (KZT Million), 2015-2020
      • Institutional construction output by cost type
        • Table Kazakhstani Institutional Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Institutional Construction Output by Cost Type (KZT Million), 2015-2020
      • Institutional construction output by activity type
        • Table Kazakhstani Institutional Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Institutional Construction Output by Activity Type (KZT Million), 2015-2020
      • Institutional construction value add by project type
        • Table Kazakhstani Institutional Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Institutional Construction Value Add by Project Type (KZT Million), 2015-2020
    • Residential Construction
      • Residential construction output by project type
        • Table Kazakhstani Residential Construction Output by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Residential Construction Output by Project Type (KZT Million), 2015-2020
      • Residential construction output by cost type
        • Table Kazakhstani Residential Construction Output by Cost Type (KZT Million), 2011-2015
        • Table Kazakhstani Residential Construction Output by Cost Type (KZT Million), 2015-2020
      • Residential construction output by activity type
        • Table Kazakhstani Residential Construction Output by Activity Type (KZT Million), 2011-2015
        • Table Kazakhstani Residential Construction Output by Activity Type (KZT Million), 2015-2020
      • Residential construction value add by project type
        • Table Kazakhstani Residential Construction Value Add by Project Type (KZT Million), 2011-2015
        • Table Kazakhstani Residential Construction Value Add by Project Type (KZT Million), 2015-2020
  • COMPANY PROFILE: KENTZ KAZAKHSTAN LLP
    • Kentz Kazakhstan LLP - Company Overview
      • Table Kentz Kazakhstan LLP, Key Facts
    • Kentz Kazakhstan LLP - Main Services
      • Table Kentz Kazakhstan LLP, Main Services
    • Kentz Kazakhstan LLP - Company Information
      • Kentz Kazakhstan LLP - key competitors
      • Kentz Kazakhstan LLP - key employee
        • Table Kentz Kazakhstan LLP, Key Employee
  • COMPANY PROFILE: OGCC KAZSTROYSERVICE
    • OGCC KazStroyService - Company Overview
      • Table OGCC KazStroyService, Key Facts
    • OGCC KazStroyService - Main Services
      • Table OGCC KazStroyService, Main Services
    • OGCC KazStroyService - History
      • Table OGCC KazStroyService, History
    • OGCC KazStroyService - Company Information
      • OGCC KazStroyService - key competitors
      • OGCC KazStroyService - key employees
        • Table OGCC KazStroyService, Key Employees
  • COMPANY PROFILE: DATOBA CONSTRUCTION LLP
    • Datoba Construction LLP - Company Overview
      • Table Datoba Construction LLP, Key Facts
    • Datoba Construction LLP - Main Services
      • Table Datoba Construction LLP, Main Services
    • Datoba Construction LLP - History
      • Table Datoba Construction LLP, History
    • Datoba Construction LLP - Company Information
      • Datoba Construction LLP - key competitors
      • Datoba Construction LLP - key employee
        • Table Datoba Construction LLP, Key Employee
  • COMPANY PROFILE: BAZIS-A
    • Bazis-A - Company Overview
      • Table Bazis-A, Key Facts
    • Bazis-A - Main Services
      • Table Bazis-A, Main Services
    • Bazis-A - History
      • Table Bazis-A, History
    • Bazis-A - Company Information
      • Bazis-A - key competitors
      • Bazis-A - key employee
        • Table Bazis-A, Key Employee
  • COMPANY PROFILE: ARCADA GROUP
    • ARCADA Group - Company Overview
      • Table ARCADA Group, Key Facts
    • ARCADA Group - Main Products and Services
      • Table ARCADA Group, Main Products and Services
    • ARCADA Group - Company Information
      • ARCADA Group - key competitors
      • ARCADA Group - key employees
        • Table ARCADA Group, Key Employees
  • APPENDIX
    • What is this Report About?
    • Definitions
      • Table Timetric Construction Market Definitions
    • Methodology
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report