Macau Construction Market Scrutinized by Timetric in New Research Study Published at MarketPublishers.com31 Jul 2013 • by Natalie Aster
LONDON – In 2012, the construction industry in Macau performed well, recording a growth of over 15.5% y-o-y. In the same period, the total number of completed buildings in Macau increased by more than 84% and was equal to nearly 2558 (2443 of them were residential units). The number of buildings bought and sold dropped by 8% to stand at 25.419 units in 2012. At the same time, the transaction value registered a growth of nearly 32.5% and amounted to almost MOP 101 billion.
Over the forecast period, the Macanese construction market is expected to see steady growth, posting a CAGR of close to 10%. The market expansion is likely to be supported by investment in large-scale infrastructure development, a healthy appetite for housing, a hike in tourism, and investment in healthcare infrastructure projects to get through the upsurge in the ageing population.
New research report “Construction in Macau – Key Trends and Opportunities to 2017” created by Timetric provides an in-depth overview of the Macanese construction market.
The report draws up a clear picture of the actual market state, uncovers essential information on the market performance, characterizes the regulative environment and discusses key industry trends and issues. The research contains an all-round assessment of the competitive landscape, discloses details on the leading companies, and also examines the major market drivers, restraints, threats and opportunities. In addition, the study not only presents historical (2008-2012) and present market valuations but also offers forecast data, covering the likely direction and development of the construction market in Macau.
Construction in Macau – Key Trends and Opportunities to 2017
Published: July, 2013
Price: US$ 1,950.00
More New Market Research Reports by Timetric Include:
- Travel and Tourism in China to 2017
- Travel and Tourism in Thailand to 2017
- Travel and Tourism in France to 2017
- Construction in Estonia – Key Trends and Opportunities to 2017
- Emerging Opportunities in the Debit Card Market in Croatia: Market Size, Industry Drivers and Consumer Trends
More new market research reports by the publisher can be found at Timetric page.