Construction Industry in Bahrain to 2018 @ http://www.researchmoz.us/construction-in-bahrain-key-trends-and-opportunities-to-2018-report.html
The Bahraini construction industry increased in value at a compound annual growth rate (CAGR) of 1.68% during the review period (2009−2013). This growth was supported by public investments in the infrastructure and residential markets, which are expected to be the main growth drivers over the forecast period (2014−2018). The industry is projected to record a forecast-period CAGR of 8.59%.
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Latest Report: Construction Industry in Bahrain to 2018
1. Construction in Bahrain - Key Trends and Opportunities to 2018
Synopsis
This report provides detailed market analysis, information and insights into the Bahraini construction industry including:
The Bahraini construction industry's growth prospects by market, project type and type of construction activity Analysis of equipment, material and service
costs across each project type within Bahrain Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to
participants in the Bahraini construction industry Analyzing the profiles of the leading operators in the Bahraini construction industry Data highlights of the
largest construction projects in Bahrain
Executive summary
The Bahraini construction industry increased in value at a compound annual growth rate (CAGR) of 1.68% during the review period (2009−2013). This
growth was supported by public investments in the infrastructure and residential markets, which are expected to be the main growth drivers over the forecast
period (2014−2018). The industry is projected to record a forecast-period CAGR of 8.59%. Industry expansion will also be driven by a population
increase, government initiatives to support the growth of high value-add projects, and an expected revival in investor confidence.
Scope
This report provides a comprehensive analysis of the construction industry in Bahrain. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Bahrain using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type Breakdown of values within each project type, by
type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) Analysis of key
construction industry issues, including regulation, cost management, funding and pricing Detailed profiles of the leading construction companies in Bahrain
Reasons to buy
Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies Assess market growth potential at a micro-level with
over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using Timetric's critical and
actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors
Key highlights
The construction industry in Bahrain is in a stage of recovery after struggling from the lows of 2008–2009 financial crisis and political unrest since
2011. According to the Central Informatics Organization (CIO), in the third quarter of 2013 the Bahraini construction industry’s contribution to GDP
accounted for 6.3%. The industry is expected to value BHD3.4 billion (US$8.8 billion) in 2018, with growth largely supported by heavy investments in
infrastructure and housing projects. A number of other major projects are either in the planning stage or under construction, such as the Gulf rail line
development, airport expansion plans, infrastructure for three new cities, investment in power and water projects, a public transport network due in 2030, and a
new state-of-the-art exhibition center. Construction growth will also be driven by the Bahrain Economic Vision 2030, through which the country is looking to
become a developed nation by diversifying its economy, achieving sustainable development and providing a high standard of living for its population. The
Economic Development Board (EDB) has initiated a program to formulate the first national economic strategy. To accomplish this, both public and private funds
will be required to maintain and develop infrastructure. In January 2014, the government also announced plans to spend BHD835.5 million (US$2.2 billion) to
enhance power facilities. This project will be a part of a BHD3.8 billion (US$10.0 billion) Gulf Corporation Council (GCC) fund allocated for the improvement
of infrastructure. To diversify its economy from oil, the government is actively pursuing its Economic Vision 2030 which marks industrialization, diversification
and privatization as growth opportunities. The government is making efforts to attract foreign investors and increase the participation of private investors in other
economic sectors than oil. Efforts to diversify the economy will create opportunities for the construction industry. Bahrain is a part of a large rail network
development plan covering countries in the GCC. The 2,177km network will stretch from Kuwait to Oman. The BHD9.5 billion (US$25.0 billion) project will
link Kuwait City, Dammam in Saudi Arabia, Manama in Bahrain, Doha in Qatar, Abu Dhabi and Al Ain in the UAE, and Sohar in Oman. Construction is likely
to start in 2014 and is expected to be complete in 2018. The project also comprises the construction of a causeway linking Saudi Arabia and Bahrain, boosting
intra-regional trade through freight and passenger travel. In its 2013 draft budget, the government proposed the allocation of 10.6% of its total capital
expenditure, valuing BHD114.8 million (US$302.3 million) towards social projects. It includes the development of housing, healthcare, educational and
vocational training and social welfare projects. In the third quarter of 2013, the housing ministry allocated BHD3.0 billion (US$8.0 billion) towards the
construction of new housing. It includes the construction of the first phase of the Durrat Marina, the second phase of the Wahat Al Muharraq and a new 128 villa
project at Durrat Al Areen. The residential market in Bahrain will, therefore, record an increase in the number of housing projects over the forecast period.
table Of Contents
1 Executive Summary
2 Market Overview
2.1 Key Trends And Issues
2.2 Benchmarking By Market Size And Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends And Issues
3.3 Data And Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends And Issues
Construction in Bahrain - Key Trends and Opportunities to 2018
2. 4.3 Data And Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends And Issues
5.3 Data And Project Highlights
6 Institutional Construction
6.1 Performance Outlook
6.2 Key Trends And Issues
6.3 Data And Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends And Issues
7.3 Data And Project Highlights
8 Company Profile: Nass Corporation Bsc
8.1 Nass Corporation Bsc – Company Overview
8.2 Nass Corporation Bsc – Business Description
8.3 Nass Corporation Bsc – Main Services
8.4 Nass Corporation Bsc – History
8.5 Nass Corporation Bsc – Company Information
8.5.1 Nass Corporation Bsc – Key Competitors
8.5.2 Nass Corporation Bsc – Key Employees
9 Company Profile: The Ahmed Mansoor Al A’ali Group Of Companies
9.1 The Ahmed Mansoor Al A’ali Group Of Companies – Company Overview
9.2 The Ahmed Mansoor Al A’ali Group Of Companies – Main Products And Services
9.3 The Ahmed Mansoor Al A’ali Group Of Companies – Company Information
9.3.1 The Ahmed Mansoor Al A’ali Group Of Companies – Key Competitors
9.3.2 The Ahmed Mansoor Al A’ali Group Of Companies – Key Employees
10 Company Profile: Arabian Dredging Company Wll
10.1 Arabian Dredging Company Wll – Company Overview
10.2 Arabian Dredging Company Wll – Main Products And Services
10.3 Arabian Dredging Company Wll – Company Information
10.3.1 Arabian Dredging Company Wll – Key Competitors
10.3.2 Arabian Dredging Company Wll – Key Employees
11 Company Profile: Alwardi Group
11.1 Alwardi Group – Company Overview
11.2 Alwardi Group – Main Services
11.3 Alwardi Group – Company Information
11.3.1 Alwardi Group – Key Competitors
11.3.2 Alwardi Group – Key Employees
12 Company Profile: Inovest Bsc
12.1 Inovest Bsc – Company Overview
12.2 Inovest Bsc – Business Description
12.3 Inovest Bsc – Main Services
12.4 Inovest Bsc – History
12.5 Inovest Bsc – Company Information
12.5.1 Inovest Bsc – Key Competitors
12.5.2 Inovest Bsc – Key Employees
13 Market Data Analysis
13.1 Construction Output And Value Add
13.1.1 Construction Output By Project Type
Construction in Bahrain - Key Trends and Opportunities to 2018
3. 13.1.2 Construction Output By Cost Type
13.1.3 Construction Output By Activity Type
13.1.4 Construction Value Add By Project Type
13.2 Commercial Construction
13.2.1 Commercial Construction Output By Project Type
13.2.2 Commercial Construction Output By Cost Type
13.2.3 Commercial Construction Output By Activity Type
13.2.4 Commercial Construction Value Add By Project Type
13.3 Industrial Construction
13.3.1 Industrial Construction Output By Project Type
13.3.2 Industrial Construction Output By Cost Type
13.3.3 Industrial Construction Output By Activity Type
13.3.4 Industrial Construction Value Add By Project Type
13.4 Infrastructure Construction
13.4.1 Infrastructure Construction Output By Project Type
13.4.2 Infrastructure Construction Output By Cost Type
13.4.3 Infrastructure Construction Output By Activity Type
13.4.4 Infrastructure Construction Value Add By Project Type
13.5 Institutional Construction
13.5.1 Institutional Construction Output By Project Type
13.5.2 Institutional Construction Output By Cost Type
13.5.3 Institutional Construction Output By Activity Type
13.5.4 Institutional Construction Value Add By Project Type
13.6 Residential Construction
13.6.1 Residential Construction Output By Project Type
13.6.2 Residential Construction Output By Cost Type
13.6.3 Residential Construction Output By Activity Type
13.6.4 Residential Construction Value Add By Project Type
14 Appendix
14.1 What Is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric’s Services
14.8 Disclaimer
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Construction in Bahrain - Key Trends and Opportunities to 2018