The Future of Construction in Oman to 2015: Government Spending on Infrastructure Development under the Eighth Five-Year Plan to Fuel Construction13 Sep 2011 • by Natalie Aster
The Omani construction industry demonstrated significant growth and recorded a CAGR of 20.75% during the review period. The Omani government’s efforts to diversify the national economy resulted in the establishment of non-oil companies, which increased the levels of immigration and disposable income in Oman between 2006 and 2010. These factors have provided positive conditions for growth in the Omani construction industry, which registered strong double digit growth during the review period.
The report “The Future of Construction in Oman to 2015: Government Spending on Infrastructure Development under the Eighth Five-Year Plan to Fuel Construction” is part of iCD Research’s series of 55 studies of construction markets in major and emerging economies worldwide. Each of these studies examines market growth dynamics, key market trends and competitive forces across five industry categories and uses standardized definitions to enable comparison across markets.
Within the Omani construction industry, residential construction was the largest market, with a share of 40.6% in 2010. In terms of growth, commercial construction was the fastest growing market, with a CAGR of 22.71% during the review period. This was followed by infrastructure construction, with a CAGR of 22.48%.
Figure 1: Oman Overall Construction Industry Dynamics By Market (%), 2006–2015
Note: Bubble size represents 2010 market value (OMR million)
Source: ICD Research Analysis / © ICD Research
Published: August, 2011
Price: US$ 1,250.00
The report offers detailed analysis of both historic and forecast construction industry values at market and category level, analysis of the leading companies in the industry, and key news. Furthermore it provides a top-level overview and detailed market, category and company-specific insights into the operating environment for construction contractors. It is an essential tool for companies active across the Omani construction value chain and for new competitors considering entering the industry.
- Inform strategic business decisions using strong historic and forecast market sizing data;
- Understand the demand-side dynamics affecting the Omani construction industry;
- Detailed market size, growth, segmentation and forecast data across five key industry categories provides all the essential information needed to assess market dynamics and identify new growth opportunities;
- Detailed profiles of major companies within the Omani construction market enable the reader to benchmark financial performance and assess business strategy against competitors.
More information can be found in the report “The Future of Construction in Oman to 2015: Government Spending on Infrastructure Development under the Eighth Five-Year Plan to Fuel Construction” by iCD Research.
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