(MENAFNEditorial)
Following an estimated performance of 1.8% in 2014 we forecast a modest pick-up to 4.3% real growth for Vietnam's infrastructure industry in 2015. While we note this rate remains well below the potential suggested by the country's strong foreign direct investment and improving business environment it is nevertheless reflective of an improving macroeconomic environment.
The major developments in Vietnam's infrastructure sector are:
While the infrastructure sector struggled in 2014 we expect growth to pick up modestly in 2015 as the macroeconomic environment improves. Nevertheless we note there is a lack of upside in near-term spending from the domestic public and private sectors which is brought on by the dominance and excessiveness of the country's state-owned enterprises (SOEs). While the existence of these SOEs makes it easier for the government to channel resources directly to certain projects their structure remains unwieldy and inefficient.
Full Report Details at
- http://www.fastmr.com/prod/951976_vietnam_infrastructure_report_q2_2015.aspx?afid=101
On October 28 2014 an international consortium led by India-based road developer IL&FS Transportation Networks (ITNL) signed a contract to acquire a 70% stake in an expressway project that connects the capital city of Vietnam Hanoi with the port city of Hai Phong. The contract was signed with state-owned entity VIDIFI the owner of the 105km expressway project. Besides ITNL the international consortium consists of Philippine-based Strategic Alliance Holdings and Hong Kong-based Tung Sing Group. Under the terms of the contract VIDIFI and the ITNL-led consortium are expected to form a joint-venture (JV) to manage the project over a 30-year period. About 70% of the expressway is completed with the rest scheduled to be finished by the end of 2015.
The Vietnam Railway Administration has urged the transport ministry to appraise and approve a USD10bn plan to upgrade the North-South railway in the country. According to the plan the trans-Vietnam railway from Hanoi railway station to the Hoa Hung railway...
The Vietnam Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects including transportation and logistics by land sea and air; power plants and utilities and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.
BMI's Vietnam Infrastructure Report provides industry professionals and strategists sector analysts investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Vietnamese infrastructure and construction industry.
Key Benefits
* Benchmark BMI's independent infrastructure industry forecasts for Vietnam to test other views - a key input for successful budgetary and planning in the Vietnamese infrastructure market.
* Target business opportunities and risks in the Vietnamese infrastructure sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Vietnam.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts views and trend analysis covering infrastructure and construction regulatory changes major investments and projects and significant national and multinational company developments. These are broken down into Construction (social commercial and residential) Transport (roads railways ports airports etc) and Energy & Utilities (powerplants pipelines and so on).
Industry SWOT Analysis
Analysis of the major Strengths Weaknesses Opportunities and Threats within the infrastructure and construction sectors and within the broader political economic and business environment.
BMI Industry Forecasts
Historic data series (up to 2012) and forecasts to end-2024 for all key industry indicators supported by explicit assumptions plus analysis of key developments in the market and risks to the main forecasts. Indicators include:
Construction: Industry value (USDbn); contribution to GDP (%); total capital investment (USDbn); real growth (%).
Construction industry real growth forecasts (%) and industry value (USDbn) forecasts for industry sectors are split into Residential and Non-residential and Infrastructure sectors. Where the data is available for particular countries the infrastructure is further broken down into indicators for the transport subsectors of roads railways airports and ports and the energy and utilities sub-sectors of power plants and transmission grids oil & gas pipelines and water infrastructure. This dataset is unique to the market.
The Reports also include analysis of latest projects across the infrastructure sectors (transport utilities commercial construction).
BMI’s Infrastructure Risk Reward Index
BMI’s Risk Reward Indices provide investors (construction companies suppliers and partners) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry economic and demographic data points to provides indices of highest to lowest appeal to investors with each position explained.
Market Overview
An assessment of the competitive landscape and key challenges to entering the market. Details of the largest companies active in the sector across the sub-segments of the industry including the key financial figures from some of the largest players in the sector.
Company Profiles*
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts we provide quick and easy access to the best competitive intelligence available. Our unbiased expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.