Dallas, Texas (PRWEB) November 06, 2012
Flat 20% discount has been announced on Construction Market Research Reports for Mexico, Argentina, Czech Republic, Australia, Brazil, India, China, Russia, South Korea, Philippines, Indonesia, Thailand, Vietnam, Myanmar, Colombia, Northern China, South Africa, Egypt, Turkey, UAE, Kuwait, Ukraine, and France
- The infrastructure sector is estimated to receive US$1.2 trillion in investments during 2008–2013. The sum will be divided between the energy and infrastructure sectors, with a larger amount allocated for infrastructure development such as road, rail, ports and stadiums.
- The Brazilian government aims to complete 12,265 infrastructure projects by the end of 2016, which would require an investment of US$800 billion.
- Imports for construction equipment increased in 2010 against 2009, making equipment in the country more expensive, while increased inflation also drove up prices. With the construction industry growing strongly in 2011, demand for construction equipment has increased, and sales of both domestic and imported construction equipment have risen. In line with the increase in equipment prices, rental prices for construction equipment also rose.
- The presence of global companies in the Brazilian construction industry has led to increased levels of technical expertise in the industry, which is adding to competition among construction companies.
- In 2009, the Indian government announced plans to double the construction of low-cost houses to 12 million units under the Bharat Nirman project. The concept of affordable housing in India is comparatively new and has huge potential to grow over the forecast period.
- In the 2011 budget, the government of India announced an investment of INR2.1 trillion (US$46.6 billion) towards infrastructure development, as well as an increase in the limit for foreign institutional investors (FIIs) in corporate bonds with residual maturity of over five years by INR914.2 billion (US$20 billion), to INR1.1 trillion (US$25 billion). The total investment limit available to FIIs in corporate bonds will increase to INR1.8 trillion (US$40 billion). The increased money flow from FIIs will provide adequate funding for the country’s infrastructure development over the forecast period.
- Owing to high inflation and the increase in salary and wage levels, input costs for construction companies have increased by 30% since 2009.
- The need for innovation in construction and the demand for environmentally sustainable construction have increased competition in the Indian construction industry.
Construction in Mexico – Key Trends and Opportunities to 2016 - Key Highlights
- In 2011, infrastructure and residential construction were the two largest markets in the Mexican construction industry, which accounted for a cumulative share of 69.8% of the total industry’s value.
- The Mexican government announced several fiscal and monetary measures to stimulate the economy in 2009, including tax breaks for corporations, increased public infrastructure spending, relaxation of policy rates and reforms in healthcare and education industries. The Mexican government is focused on infrastructure development over the forecast period, as it is expected to provide employment opportunities during adverse economic conditions.
- To increase private investment in infrastructure projects, the government of Mexico passed a public-private partnership (PPP) law in January 2012, which provides private investors with better guarantees and better legal protection.
- The Mexican government announced a National Infrastructure Plan (NIP) that provided an investment of MXN2.9 trillion (US$234 billion) in infrastructure development projects during 2007–2012. The NIP’s focus was to improve the country’s road and rail network, ports, airports, water, power generation, transportation, energy, and oil and gas infrastructure.
- Mexico has a large housing deficit and, to reduce this deficit, government agencies such as INFONAVIT started to provide more housing loans.
Construction in Australia – Key Trends and Opportunities to 2016 - Key Highlights
- Construction is the fourth-largest industry in Australia in terms of employment opportunities, providing work to 9.1% of the country’s total workforce in October 2010.
- The Australian government adopted various measures to stimulate spending in its 2009–2010 and 2010–2011 budgets. The government is investing AUD36 billion on road and rail infrastructure through the Nation Building Program over a six-year period from 2008–2014.
- Infrastructure construction was the largest construction market, recording a share of 42.6%. Moreover, the market was the fastest-growing in the industry, posting a CAGR of 13.1% during the review period (2007–2011).
- Residential construction posted a share of 32.4% during the review period, making it the second-largest construction market during the review period, growing at a CAGR of 1.9%.
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