South Africa Infrastructure Construction Sector to Reach USD 24.3 Bn by 2020, States Timetric in Its Report Published at MarketPublishers.com09 Feb 2017 • by Natalie Aster
LONDON – The value of the infrastructure construction market grew to USD 16.1 billion as of 2015, and is forecast to amount to USD 24.3 billion by 2020 by nominal value.
There are currently 96 strategic infrastructure construction projects in South Africa at all phases of development, with total investment of USD 117.9 billion.
The electricity and power project captures the dominant share of the project pipeline; the total value of the project stands at USD 90.2 billion. The railway infrastructure sector holds the second position with a project value of USD 11.1 billion. Road infrastructure projects follows after with a pipeline of USD 6.5 billion. The pipeline for water and sewerage infrastructure projects is estimated at USD 5.9 billion.
The government is projected to keep on pouring money into economic infrastructure in line with the National Development Plan. During 2016–2019 the government is expected to spend USD 71.6 billion in the construction and modernisation of the infrastructure.
Topical market research report “Infrastructure Insight: South Africa” elaborated by Timetric offers a detailed, unbiased look at the infrastructure industry on a national level. It covers the economic, administrative and political context of the country.
The study offers an insightful evaluation of the actual state of South Africa’ infrastructure, encompassing railways, roads, power and electricity, water and sewerage, communications, airports and ports. The report provides granular information on financial and political institutions engaged in the infrastructure marketplace, as well as the regulatory landscape and competitive environment. For each infrastructure market sector, the report sheds light on the key drivers of new investment growth and an all-encompassing analysis of the project pipeline; it also presents a comprehensive assessment of the future prospects for the leading projects and the firms that have secured contractual agreements.
More topical research studies by this publisher are provided in the Timetric’s catalogue available at MarketPublishers.com.