Business Monitor International


Namibia Infrastructure Report

Published 12 February 2014

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

BMI View: Namibia's construction industry is forecast to accelerate over the near term driven by a sharp uptick in building plans. We expect the construction industry will maintain a high growth rate over the near term, as a result of the government's major investment drives. We forecast growth of 1 6.3 % year on year (y-o-y) for real construction industry value growth in 2014.

Namibia's construction sector growth is being driven by a number of factors (listed below). The country has great potential and a building boom in recent years has seen a flurry of contracts signed and building permits approved. This acceleration in approvals is filtering through to activity on the ground, with a 62.2% year-on-year (y-o-y) increase in the value of buildings completed recorded in Q113. This is fuelling our expectation for accelerated growth over 2011-2014, with construction industry real growth forecast to average 16.3% per annum over this four-year period. However, the boom will be unsustainable over the longer term, driven predominantly by short-term government stimulus, such as the Targeted Intervention Programme for Employment and Economic Growth (TIPEEG). Potential to sustain the building boom into the latter part of our 10-year forecast will depend on unlocking energy sector potential and attracting significant volumes of private capital to make big-ticket investments possible.

Key elements providing market potential:

  • The NAD14.6bn Targeted Intervention Programme for Employment and Economic Growth (TIPEEG) economic growth and job creation package hopes to guide investment from private investors, state-owned companies and government funds. The programme has a heavy social and economic infrastructure focus. However, the programme, which is running between FY11/12 (April-March) and FY13/14, is not hitting its targets and is not thought to be a long-term solution to the country's issues.

  • The African Development Bank (AfDB) will provide a NAD2.9bn...

Table of Contents

BMI Industry View
7
SWOT
9
Infrastructure SWOT
9
Industry Forecast
11
Construction And Infrastructure Forecast Scenario
11
Table: Namibia Construction And Infrastructure Industry Data, 2012-2017
11
Table: Namibia Construction And Infrastructure Industry Long-Term Forecast, 2018-2023
11
Transport Infrastructure - Outlook And Overview
21
Table: Mozambique Transport Corridors
23
Major Projects Table - Transport
27
Table: Planned And Ongoing Transport Projects, Southern Africa
27
Energy And Utilities Infrastructure - Outlook And Overview
32
Table: SAPP Members
38
Major Projects - Energy & Utilities
40
Table: Planned And Ongoing Energy & Utilities Projects, Southern Africa
40
Residential/Non-Residential Building - Outlook And Overview
48
Major Projects Table - Residential/Non-Residential Construction And Social Infrastructure
54
Table: Major Projects - Social Infrastructure & Construction
54
Industry Risk Reward Ratings
56
Namibia - Infrastructure Risk/Reward Ratings
56
Rewards
56
Risks
57
Sub-Saharan Africa - Infrastructure Risk/Reward Ratings
58
Table: Sub-Saharan Africa Infrastructure Risk/Reward Ratings
66
Market Overview
67
Competitive Landscape
67
Table: Number Of Contractors In Southern Africa (exc
68
Table: Number Of Contractors In Southern Africa (exc
68
Pulling On Historic Ties
69
China Trade Off, Other Asian Countries Follow Suit
70
South Africans Expanding Into Their Backyard
73
Global Infrastructure Overview
74
North America And Europe In 2014: Turning A Corner
74
Asia-Pacific In 2014: Shaping Up To Be A Benign Year
80
Africa In 2014: PPPs Cement Global Appeal
87
Latin America In 2014: A Prosperous Year For Infrastructure Development
92
MENA In 2014: Reaping Rewards Despite Risks
95
Methodology
100
Industry Forecast Methodology
100
Sector-Specific Methodology
101
Risk/Reward Rating Methodology
105
Sector-Specific Methodology
106
Table: Infrastructure Risk/Reward Rating Indicators
106
Table: Weighting Of Indicators
107

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

Key Benefits

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

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