Kuwait Construction Sector Reviewed by Ventures Middle East in New Research Report Published at MarketPublishers.com17 Sep 2014 • by Natalie Aster
LONDON – Kuwait’s oil production stood at 3.3 billion bpd as of 2014, with subsequent waves of expansions and new petroleum refineries in its strong project pipeline. Significant budget surpluses have encouraged expansionary expenditures for a number of years, with diversification as its major goal, to which, it had committed as a part of its five-year National Development Plan (2010 to 2014) including USD 130 billion investment.
The Kuwaiti construction sector is poised to increase at an incredible rate through to end-2014 with awarded contracts estimated to the value of USD 27 billion across sectors with infrastructure and building construction (health care, hospitality and affordable housing) being the cornerstone of the agenda. After a turbulent period of political instability during 2011-2013, bureaucratic hurdles holding back government projects and the negative impact of the global economic slump, Kuwait’s economy is showing a gradual recovery with a slew of projects back on track in 2014.
New comprehensive market search report “Kuwait Construction Industry 2014” prepared by Ventures Middle East LLC provides detailed research and analysis of the Kuwaiti construction sector.
The report provides a comprehensive overview of the nation’s construction market and presents in-depth analyses of the key market sectors – buildings, energy (oil & gas, power and water desalination), and infrastructure. The research study describes actual market situation, outlines the key factors fuelling and holding back the growth in the sector, reviews main political, economic, social, legal, technological and environmental aspects shaping the market, and also contains statistical data on the contracts awarded and set to be awarded across the core market sectors (2012-2015) and limelights the leading construction projects in Kuwait. Furthermore, the study evaluates the major market opportunities, besides providing extensive forecasts for the Kuwaiti construction industry through 2014.
Kuwait Construction Industry 2014
Published: September, 2014
Price: US$ 650.00
Other Construction Industry Research Reports by Ventures Middle East:
- GCC Construction Industry Facts and Figures July 2014
- KSA Construction Industry - Staying on par amid Shrinking Surpluses March 2014
- UAE Construction Industry Will the World Expo Restore the Magic - February 2014
More new market research reports by the publisher can be found at Ventures Middle East page.