Includes 3 FREE quarterly updates
BMI View: We maintain our forecast for 2013 of higher construction industry value growth year-on-year, based on the growth trajectory anticipated for the wider economy. We have however intervened in our 2013 forecasts to moderate infrastructure industry value growth and increase residential and non-residential real growth, in line with trends we are expecting in the two sectors for 2013.
Efforts to boost economic growth that got under way in Q412 via infrastructure stimulus are going to continue into the first half of 2013. This will fuel growth in the railways infrastructure segment, which we see growing by 6.3% over the year. In line with our macroeconomic forecast though, we expect the stimulus to run out of steam in the second half and therefore a curtailment in fixed asset investments to get under way in the latter part of the year. Our long term growth trajectory view remains the same, showing a steady deceleration in construction industry value real growth. Risks to our forecasts are to the upside, stemming from a better than expected economic performance for capital investments.
BMI View: We maintain our forecast for 2013 of higher construction industry value growth year-on-year, based on the growth trajectory anticipated for the wider economy. We have however intervened in our 2013 forecasts to moderate infrastructure industry value growth and increase residential and non-residential real growth, in line with trends we are expecting in the two sectors for 2013.
Efforts to boost economic growth that got under way in Q412 via infrastructure stimulus are going to continue into the first half of 2013. This will fuel growth in the railways infrastructure segment, which we see growing by 6.3% over the year. In line with our macroeconomic forecast though, we expect the stimulus to run out of steam in the second half and therefore a curtailment in fixed asset investments to get under way in the latter part of the year. Our long term growth trajectory view remains the same, showing a steady deceleration in construction industry value real growth. Risks to our forecasts are to the upside, stemming from a better than expected economic performance for capital investments.
BMI Industry View
SWOT
Industry Forecast
Construction and Infrastructure Forecast Scenario
Table: China Construction And Infrastructure Industry Data, 2011-2016
Table: China Construction And Infrastructure Long Term Forecasts, 2017-2022
Construction and Infrastructure Forecast Scenario
Transport Infrastructure - Outlook and Overview
Table: China Transport Infrastructure Industry Data, 2011-2016
Table: China Transport Infrastructure Long Term Forecast, 2017-2022
Table: Major Projects Table - Transport
Energy and Utilities Infrastructure - Outlook and Overview
Table: China Energy and Utilities Infrastructure Industry Data, 2011-2016
Table: China Energy and Utilities Infrastructure Long Term Forecasts, 2017-2022
Table: Major Projects Table - Energy And Utilities
Residential/Non Residential Building - Outlook and Overview
Industry Forecast Scenario
Table: Residential and Non-residential Building Industry Data
Table: China Residential and Non-residential Building Industry Data
Table: Major Projects Table - Residential/Non-Residential Construction and Social Infrastructure
Industry Risk Reward Ratings
China Infrastructure Risk Reward Ratings
Asia Infrastructure Risk Reward Ratings
Giants Of Asia: Rewards Sizeable, Risks Sizeable
South East Asia: Large Pipelines, Loose Monetary Policy
Nearly Developed Markets: Economic Slowdown Takes A Toll
Table: Asia Infrastructure Business Environment Ratings
Market Overview
Competitive Landscape
Table: EQS Data
Company Profile
Sinohydro
China Communications Construction
Shanghai Construction Group
China Railway Group
China Railway Construction Corporation
Global Industry Overview
Europe, Middle East and Africa
Dubai Confidence Up, Mega-Spending Status Quo In The Region
Low Yields Push Capital Further Into Infrastructure
Turkey Shines As South Africa and Poland Struggle To Recover
Natural Resource Boom Drives SSA Infrastructure Investment
Latin America
Table: Planned Elections: Latin America 2013
Asia
Methodology
Data Methodology
Construction
Capital Investment
Table: Infrastructure Business Environment Indicators
SWOT
Industry Forecast
Construction and Infrastructure Forecast Scenario
Table: China Construction And Infrastructure Industry Data, 2011-2016
Table: China Construction And Infrastructure Long Term Forecasts, 2017-2022
Construction and Infrastructure Forecast Scenario
Transport Infrastructure - Outlook and Overview
Table: China Transport Infrastructure Industry Data, 2011-2016
Table: China Transport Infrastructure Long Term Forecast, 2017-2022
Table: Major Projects Table - Transport
Energy and Utilities Infrastructure - Outlook and Overview
Table: China Energy and Utilities Infrastructure Industry Data, 2011-2016
Table: China Energy and Utilities Infrastructure Long Term Forecasts, 2017-2022
Table: Major Projects Table - Energy And Utilities
Residential/Non Residential Building - Outlook and Overview
Industry Forecast Scenario
Table: Residential and Non-residential Building Industry Data
Table: China Residential and Non-residential Building Industry Data
Table: Major Projects Table - Residential/Non-Residential Construction and Social Infrastructure
Industry Risk Reward Ratings
China Infrastructure Risk Reward Ratings
Asia Infrastructure Risk Reward Ratings
Giants Of Asia: Rewards Sizeable, Risks Sizeable
South East Asia: Large Pipelines, Loose Monetary Policy
Nearly Developed Markets: Economic Slowdown Takes A Toll
Table: Asia Infrastructure Business Environment Ratings
Market Overview
Competitive Landscape
Table: EQS Data
Company Profile
Sinohydro
China Communications Construction
Shanghai Construction Group
China Railway Group
China Railway Construction Corporation
Global Industry Overview
Europe, Middle East and Africa
Dubai Confidence Up, Mega-Spending Status Quo In The Region
Low Yields Push Capital Further Into Infrastructure
Turkey Shines As South Africa and Poland Struggle To Recover
Natural Resource Boom Drives SSA Infrastructure Investment
Latin America
Table: Planned Elections: Latin America 2013
Asia
Methodology
Data Methodology
Construction
Capital Investment
Table: Infrastructure Business Environment Indicators
