Business Monitor International


Ghana Infrastructure Report

Published 17 February 2014

  • 95 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Ghana Infrastructure Report

BMI View: Ghana's infrastructure will benefit from significant investment over the next five years as the government makes a concerted effort to address transport, housing and utility shortages. Funding from oil revenues will support investment into social and economic infrastructure projects , whil e a newly established Ghana Infrastructure Fund hopes to facilitate private sector investment, in tandem with public-private partnership s ( PPP ) . Based on the strong project pipeline, construction growth of 8.6 % is expected on average between 2013 and 2017. Growth will be driven predominantly by energy and utilities investments.

We maintain our more medium-term optimistic outlook and expect growth to return to double-digit levels in 2014, following a weaker 2013 due to high industry inflation. Major investment planned across the power, water, transport and housing sectors will drive construction sector growth.

While the country has struggled with not having a concerted plan to develop infrastructure, which has led to an inconsistent build-up, the establishment of the Ghana Infrastructure Fund in the 2014 budget should help consolidate infrastructure development. The fund will aim to leverage private sector funding, through public-private partnerships, to develop infrastructure. In January 2014 a committee was established to oversee the creation of the fund. The Ghana Infrastructure Fund will complement public funds, to achieve the government's goal of improving the country's infrastructure.

Key Growth Sectors:

  • Rail infrastructure: It was announced in January 2014 that the reconstruction of Ghana's rail network would begin in 2014. Due to the deteriorated state of the railway network, major manganese and bauxite miners are reliant on roads for cargo transport. Upgrades will be focused on the Eastern and Western Rail Corridors. The former will connect to the recently reconstructed Boankra Inland Port, which could provide an alternative trans-shipment...

Table of Contents

BMI Industry View
7
SWOT
9
Infrastructure SWOT
9
Industry Forecast
11
Construction And Infrastructure Forecast Scenario
11
Table: Ghana Construction And Infrastructure Industry Data, 2012-2017
11
Table: Ghana Construction And Infrastructure Long-Term Forecast, 2018-2023
11
Transport Infrastructure - Outlook And Overview
18
Major Projects Table - Transport
26
Table: West Africa Major Transport Projects
26
Energy And Utilities Infrastructure - Outlook And Overview
30
Major Projects Table - Energy & Utilities Infrastructure
36
Table: West Africa Energy And Utilities Major Projects
36
Residential/Non-Residential Building - Outlook And Overview
40
Major Projects Table - West Africa - Residential/Non-Residential and Social Infrastructure Projects
42
Table: West Africa - Major Construction And Social Infrastructure Projects
42
Industry Risk Reward Ratings
45
Ghana - Infrastructure Risk/Reward Ratings
45
Rewards
45
Risks
45
Sub-Saharan Africa - Infrastructure Risk/Reward Ratings
47
Table: Sub-Saharan Africa Infrastructure Risk/Reward Ratings
55
Market Overview
56
Competitive Landscape
56
Table: Number Of Contractors In West Africa, By Domicile, 2011
56
Global Infrastructure Overview
61
Africa In 2014: PPPs Cement Global Appeal
61
Asia-Pacific In 2014: Shaping Up To Be A Benign Year
66
Latin America In 2014: A Prosperous Year For Infrastructure Development
73
MENA In 2014: Reaping Rewards Despite Risks
76
North America And Europe In 2014: Turning A Corner
81
Methodology
88
Industry Forecast Methodology
88
Sector-Specific Methodology
89
Risk/Reward Rating Methodology
93
Sector-Specific Methodology
94
Table: Infrastructure Risk/Reward Rating Indicators
94
Table: Weighting Of Indicators
95

The Ghana 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 Ghana Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Ghanaian infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Ghana to test other views - a key input for successful budgetary and planning in the Ghanaian infrastructure market.
  • Target business opportunities and risks in the Ghanaian infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Ghana.
  • 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 multinational and national company developments.

These are broken down into Construction (social, commercial and residential), Transport (roads, railways, ports, airports etc), and Energy & Utilities (powerplants, renewable projects, pipelines and so on).

Industry Trends

Analysis of latest projects across the infrastructure sector (covering the transport, utilities and commercial construction sub-sectors) - including:

Market Overview:Analysis of the key elements driving developments, including evaluations of current capacity and future requirements.

Building Materials Overview

The building materials overview provides industry trend analysis on the global and regional demands for building materials and the impact of this on the emerging and developed markets.

Business Environment Ratings

BMI's Infrastructure Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors (construction companies, suppliers and partners) in the regional infrastructure market.

The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data point.

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 & Economic Forecasts

Historic data series (2008-2012) and forecasts to end-2018 for all key industry and economic indicators, supported by explicit assumptions, plus analysis of key risks to the main forecast. Indicators include:

Construction: Industry value (US$bn); contribution to GDP (%); employment (`000); real growth (%).

Infrastructure: Value (US$bn); contribution to construction industry (%); real growth (%) of transport infrastructure (broken down by railways, airports, roads and bridges, ports and harbours) and energy and utilities (broken down by power plants and transmission grids, oil and gas pipelines, and water infrastructure).

Economy: Economic growth (%); nominal GDP (US$bn); unemployment (%); interest rates (%); exchange rate (against US$).

Company Profiles

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc