Business Monitor International


Saudi Arabia Infrastructure Report

Published 30 October 2014

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

BMI View :  Saudi Arabia has emerged as one of our choice markets for both scale and growth opportunities over our 10 year forecast period to 2023. We see 2015 being a bumper year of real growth at 10.5% year-on-year, with average growth over the forecast period at 8.7%. We forecast strong growth across all sectors over the medium term; the residential and non-residential sectors especially will drive growth over the long-term - specifically the industrial construction sector.

Key Trends informing BMI's View:

  • The security situations in both Iraq and Yemen have deteriorated heavily in recent months. Not only does this raise the chance that a Saudi military intervention in either state will occur - raising regional tension and making an attack within Saudi Arabia by AQAP or IS even more likely - but may also drain attention and funding away from major infrastructure projects.

  • We forecast that the transport sector will grow in real terms by 7.7% in 2015. With many of the major projects under development being awarded over the past four years - the majority of which will reach completion by 2018. As such we are forecasting a slowdown in the sector - although the rail sector will continue to keep growth elevated. 

  • We are forecasting a bounce back in 2015 in the residential and non-residential sector, with 9.9% real growth and then for the sector to average 7.6% up to 2021.

  • Owing to heavy capital investment into the energy and utilities sector, it will be the outperforming infrastructure segment over our forecast period in terms of growth. We forecast that following three years of strong project awards, the coming four years will see the energy and utilities sector grow particularly strongly. Average growth between 2014 and 2018 will stand at 11.8% in real terms. As this new capacity comes online by 2018, we expect a slowdown in real growth in the sector, although we note that investment will likely pick up again as Saudi Arabia aims to achieve its goal...

Table of Contents

BMI Industry View
7
SWOT
9
Industry Forecast
11
Construction And Infrastructure Forecast Scenario
11
Table: Construction And Infrastructure Industry Data (Saudi Arabia 2018-2023)
11
Table: Construction And Infrastructure Industry Data (Saudi Arabia 2018-2023)
12
Project Awards Boost Medium-Term Expectations
16
Transport Infrastructure - Outlook And Overview
17
Table: Riyadh Metro Winning Consortiums
24
Major Projects Table - Transport
27
Table: Major Projects - Transport
27
Energy And Utilities Infrastructure - Outlook And Overview
35
Major Projects Table - Energy And Utilities
42
Table: Major Projects Table - Energy And Utilities
42
Residential/Non-Residential Building - Outlook And Overview
50
Major Projects Table - Residential/Non-Residential Building And Social Infrastructure
57
Table: Major Projects - Construction & Social Infrastructure
57
Industry Risk Reward Ratings
63
Saudi Arabia - Infrastructure Risk/Reward Ratings
63
Rewards
63
Risks
64
Middle East And North Africa - Infrastructure Risk/Reward Ratings
64
Table: MENA Infrastructure Risk / Reward Ratings
69
Market Overview
71
Competitive Landscape
71
Table: Company Financials Table
72
Company Profile
74
Al Rajhi Construction Group
74
Saudi Binladin Group
76
Global Industry Overview
79
Middle East/North Africa Presents Strongest Investment Profile
79
Methodology
85
Industry Forecast Methodology
85
Sector-Specific Methodology
86
Risk/Reward Rating Methodology
90
Sector-Specific Methodology
91
Table: Infrastructure Risk/Reward Rating Indicators
91
Table: Weighting Of Indicators
92

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

Key Benefits

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

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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