BMI View: Mozambique's construction sector is set for strong growth despite ongoin g project delays, raising concerns over progression of its US$30bn infrastructure project pipeline growth. BMI estimates that the sector will average 11.0% growth per annum over our 10-year forecast period (201 4 -202 3 ), driven by investment into infrastructure. We forecast construction industry growth to reach 9.6% in 2014, due to activity in freight transport and power projects, driven primarily by investment into mining and natural gas exploration.
Significant interest and investment in Mozambique's vast natural resources has prompted an infrastructure investment drive. This is the main factor guiding our forecast for average annual growth of 11.0% anticipated between 2013 and 2022, resulting in Mozambique being one of the strongest markets for growth in Sub-Saharan Africa (SSA).
Transport projects worth over US$20bn are in the pipeline, including rail links to ports and expanding the port capacity, including new deep water ports, to allow for greater exports. Power projects worth over US$10bn are also in the pipeline, as electrification programmes take effect, growing industrial activity demands greater electricity supply and hydrocarbons production provides feedstock for new capacity.
Mozambique's plans to increase its capacity to transport resources from the coal-rich Tete province to the Indian Ocean coast for export have moved forward with the announcement that Bangkok-based Italian-Thai Development has been awarded the contract to build a 525km rail line. The new railway will have the capacity to handle 25mn tonnes of cargo a year and is one of a number of lines being developed in the country to facilitate coal exports. The country's existing two export routes are undergoing redevelopment; for example, the one from Tete province through Malawi to the port of Nacala at a cost of US$4.4bn.
As a result of numerous big-ticket projects in the pipeline, the country is...
The Mozambique 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 Mozambique Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Mozambican infrastructure and construction industry.
- Benchmark BMI's independent infrastructure industry forecasts for Mozambique to test other views - a key input for successful budgetary and planning in the Mozambican infrastructure market.
- Target business opportunities and risks in the Mozambican infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Mozambique.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
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).
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$).
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.