Business Monitor International


Israel Infrastructure Report

Published 04 December 2013

  • 65 pages
  • Instant access to your report online and PDF format through your account library
  • Free related articles sent monthly
 
$1,295.00
Israel Infrastructure Report

BMI View: In line with the latest official data, we have downgraded our construction industry growth forecast for Israel in 2013 from 6.2% to 2.4%. This is underpinned by a contraction of 3.2% in the construction industry in Q113 and a decline of 6.3% in gross fixed capital formation (GFCF) in H113. However, we are more optimistic about the country's prospects over the medium term , as we anticipate construction industry growth of 3.1% in 2014 , with growth then expected to average 4.2% between 2015 and 2019. We see fixed investment returning to positive territory in 2014 , as well as an expansion in private and government consumption. Our outlook is based on encouraging developments in the energy sector, particularly with regards to offshore gas.

Key developments in Israel's infrastructure sector:

  • Israel's National Infrastructure Committee has approved a US$3.2bn programme to electrify 420km of existing and planned railway. The future Acre - Carmiel line and the Tel Aviv - Jerusalem fast line will be the first to be electrified. This investment includes rolling stock and the construction of transformer stations and a control system. The tender is expected to be released in Q114.

  • The news that construction has started at the new international airport in Timna raises scope for future forecasts revisions. The proposed airport will replace the existing one in the city of Eilat; it is estimated to cost US$471mn and completion is scheduled for 2016. The airport is part of Israel's ongoing attempt to improve transport links and connect the centre with the south of the country.

  • We are also seeing significant developments in the renewables segment of the energy sector. Enlight Renewable Energy was reportedly in talks in September 2013 to help set up one of the largest wind projects in the country. The new development would help enhance the anticipated capacity of the Golan Heights project from 58megawatts (MW) to 100MW.

  • The Egyptian army's...

Table of Contents

BMI Industry View
5
SWOT Analysis
6
Israel Infrastructure Industry SWOT
6
Market Overview
7
Competitive Landscape
7
Building Materials
8
Middle East
8
Industry Forecast Scenario
14
Table: Israel Construction And Infrastructure Industry Data, 2009 - 2016
14
Table: Israel Construction And Infrastructure Long-Term Forecast, 2014 - 2021
15
Construction And Infrastructure Forecast Scenario
17
Transport Infrastructure
19
Table: Israel Transport Infrastructure Industry Data, 2009 - 2016
19
Table: Israel Transport Infrastructure Industry Long-Term Forecast, 2014 - 2021
21
Transport Infrastructure Outlook and Overview
23
Major Projects Table - Transport
28
Table: Major Projects - Transport
28
Energy And Utilities Infrastructure
30
Table: Israel Energy and Utilities Infrastructure Industry Data, 2009 - 2016
30
Table: Israel Energy and Utilities Infrastructure Long Term Forecast, 2014 - 2021
31
Energy And Utilities Infrastructure Outlook and Overview
33
Major Projects Table - Energy And Utilities
37
Table: Major Projects - Energy and Utilities
37
Residential/Non-Residential Construction And Social Infrastructure Outlook and Overview
40
Table: Israel Residential and Non-residential Building Industry Data, 2009 - 2016
40
Table: Israel Residential and Non-residential Building Industry Data, 2014 - 2021
40
Table: Major Projects - Residential/ Non -Residential Construction and Social Infrastructure
43
Risk Reward Ratings
44
Israel-s Risk/Reward Ratings
44
Rewards
44
Risks
44
Regional Overview
45
Table: Regional Infrastructure Risk/Reward Ratings
49
Company Monitor
50
Africa Israel Group (Danya Cebus)
50
Shikun & Binui (aka Housing & Construction)
51
Global Overview
53
Source: Bloomberg
59
Methodology
60
Industry Forecasts
60
Construction Industry
61
Data Methodology
61
New Infrastructure Data Sub-sectors
61
61
Construction
62
Capital Investment
63
Construction Sector Employment
64
Infrastructure Risk/Reward Rating
64
Table: Infrastructure Business Environment Indicators
65

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

Key Benefits

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

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

The rankings 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.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

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