Australia Infrastructure Construction Spending to Rebound through 2020, States Timetric in New Report Published at MarketPublishers.com30 Aug 2016 • by Natalie Aster
LONDON – Expenditure on infrastructure construction in Australia will likely rebound during the next 5 years, falling a negative growth early in the decade. Investments in land transport are set to account for the major share of the total infrastructure construction expenditure. The infrastructure construction market reached USD 32.9 billion in value terms in 2015, down from close to USD 36.7 billion in 2010, and by far below its peak value of around USD 47.25 in 2012.
There are around 460 large-scale infrastructure construction projects in Australia, with a total investment value of USD 382 billion.
In terms of nominal value, output is expected to amount to nearly USD 34.65 billion by 2020-end. This upsurge in spending rests upon the assumption that a range of the large-scale transport projects are underway as have been planned, including the Badgerys Creek airport and WestConnex motorway in NSW and the Melbourne Metro rail tunnel in Victoria.
Road and rail projects grab more than 60% of the total infrastructure project pipeline with a combined value of USD 250 billion.
Topical research report “Infrastructure Insight: Australia” elaborated by Timetric gives a detailed look at the national infrastructure marketplace.
It presents a clear cut assessment of the economic, administrative and political context for infrastructure in the country. The research study gives an in-depth evaluation of the current situation in the infrastructure domain in Australia, comprising roads, railways, power and electricity, water and sewerage, communications, ports and airports. The report focuses on main political and financial institutions involved in the infrastructure market, and also the competitive scenario and regulatory landscape. For each infrastructure market sector, the study offers a comprehensive explanation of the major factors driving new investment growth in tandem with an in-depth analysis of the project pipeline, with an up-close look at the prospects for key projects and the firms which have secured contracts.
More in-demand research reports by this publisher are provided at the Timetric page.