(MENAFNEditorial)
Growth in the Philippines construction sector surged in Q 4 14 with a massive real expansion of 20.5 % year-on-year (y-o-y). R econstruction efforts stemming from the after - effects of Typhoon Yolanda in late 2013 should continue to provide a strong tailwind for construction activity throughout 2015 and we forecast the sector will experience real growth of 9. 4 %.
Key Trends And Developments
* In December 2014 The Department of Transportation and Communications and the Civil Aviation Authority of the Philippines invited bids from interested parties for six regional airport projects worth PHP116.23bn (USD2.59bn) according to a notice published in three newspapers. The contracts are for the financing design construction operation and maintenance of the airports for 30 years. The six projects are: PHP4.57bn (USD102.1mn) New Bohol (Panglao) Airport; PHP5.81bn (USD129.8mn) Puerto Princesa Airport; PHP14.62bn (USD326.6mn) Laguindingan Airport; PHP20.26bn (USD452.6mn) Bacolod-Silay International Airport; PHP30.40bn (USD679.2mn) Iloilo Airport; and PHP40.57bn (USD906.4mn) Davao International Airport. The projects will be developed under a public-private partnership programme. The invitation to bid for projects to operate six of the Philippines' regional airports under the government's Public-Private Partnership scheme suggests that further momentum is building in the sector and highlights opportunities presented by growth in the country's tourism industry. We note that risks of project delays still remain.
* In early February 2015 The Asian Development Bank (ADB) approved a USD75mn loan for the expansion and renovation of Mactan-Cebu International Airport in the Philippines to improve passenger traffic and support inclusive growth. Funding for the expansion project includes PHP20bn (USD450mn) debt from a consortium of BDO Unibank Bank of the Philippine Islands Philippine National BankLand Bank of the Philippines Metrobank and...
Full Report Details at
- http://www.fastmr.com/prod/957437_philippines_infrastructure_report_q2_2015.aspx?afid=101
The Philippines 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 Philippines Infrastructure Report provides industry professionals and strategists sector analysts investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Philippine infrastructure and construction industry.
Key Benefits
* Benchmark BMI's independent infrastructure industry forecasts for Philippines to test other views - a key input for successful budgetary and planning in the Philippine infrastructure market.
* Target business opportunities and risks in the Philippine infrastructure sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Philippines.
* 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 Index provides 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. These provide 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*
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