Construction in Singapore - Key Trends and Opportunities to 2018
Albany, NewYork (PRWEB) September 29, 2014
This report provides detailed market analysis, information, and insights into Singapore’s construction industry including:
Singapore’s construction industry's growth prospects by market, project type and type of construction activity.
Analysis of equipment, material and service costs across each project type within Singapore.
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Singapore’s construction industry.
Profiles of the leading operators in Singapore’s construction industry.
Data highlights of the largest construction projects in Singapore.
Complete Report With TOC at: http://www.researchmoz.us/construction-in-singapore-key-trends-and-opportunities-to-2018-report.html
Singapore’s construction industry recorded a nominal compound annual growth rate (CAGR) of 2.64% during the review period (2009–2013), with growth being driven primarily by industrial, infrastructure and residential construction activities, which collectively generated 78.0% of the industry’s total value in 2013. The outlook for construction is favorable, as a result of the government’s focus on major infrastructure and residential construction activities. Higher demand for institutional projects and investments in commercial and industrial projects will also support the construction industry, with the country’s rise as an economic hub. The construction industry’s output is therefore expected to record a forecast-period (2013–2018) CAGR of 4.91%.
This report provides a comprehensive analysis of the construction industry in Singapore. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Singapore using construction output and value-add methods.
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type.
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services).
Analysis of key construction industry issues, including regulation, cost management, funding and pricing.
Detailed profiles of the leading construction companies in Singapore.
Reasons to buy:
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.
Assess market growth potential at a micro-level with over 600 time-series data forecasts.
Understand the latest industry and market trends.
Formulate and validate business strategies using Timetric's critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
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According to the Building and Construction Authority (BCA), which develops and regulates Singapore’s building and construction industry, total construction demand (the value of construction contracts awarded) increased from SGD30.8 billion (US$24.6 billion) in 2012 to SGD35.8 billion (US$28.6 billion) in 2013, while construction output reached SGD33.0 billion (US$26.4 billion) in the same year. Of the total value awarded in 2013, the value of contracts for the public sector was 14.8 billion (US$11.8 billion), while for the private sector it was SGD21.0 billion (US$16.8 billion).
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