The Russian construction industry recorded a review-period (2009?2013) compound annual growth rate (CAGR) of 12.81%. Growth was supported by private and public investments in infrastructure, residential and commercial construction projects. To Get Full Details At : http://www.reportscue.com/construction-in-russia-key-trends-and-opportunities-to-2018-market
Market Research Report
Construction in Russia - Key Trends and Opportunities to 2018
This report provides detailed market analysis, information and insights into Russian construction industry including:
• Russian 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 Russia
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Russian construction industry
• Analyzing the profiles of the leading operators in Russian construction industry.
• Data highlights of the largest construction projects in Russia
The Russian construction industry recorded a review-period (2009?2013) compound annual growth rate (CAGR) of 12.81%.
Growth was supported by private and public investments in infrastructure, residential and commercial construction projects.
Considering the role of modern infrastructure in achieving long-term growth, the Russian government invested heavily in road and rail projects.
Industry growth is expected to continue over the forecast period (2014?2018), as a result of the government’s commitment to making infrastructural improvements and an anticipated recovery in the global economy.
Consequently, industry output is expected to record a CAGR of 7.36% over the forecast period.
Scope :This report provides a comprehensive analysis of the construction industry in Russia. It provides:
• Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Russia 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 Russia
Key Highlights :• According to the Unified Interdepartmental Information and Statistical System, construction activity in Russia was fairly weak in 2013, with the industry’s output posting a contraction of 1.6% in real terms. This followed respective annual real-term growth of 5.5% and 2.8% in 2011 and 2012.
With a deteriorating business environment and capital outflow, due to conflict between Russia and Ukraine over control of the Crimean Peninsula, the construction industry’s output is expected to remain weak over the forecast period.• Infrastructure construction is expected to continue expanding over the forecast period, mainly driven by large-scale investment in the construction industry. Having already registered a boost from the construction of infrastructure facilities, as well as hosting the 2014 Winter Olympics, the nation’s hosting of the 2018 Fifa World Cup will also require stadia, transport infrastructure, accommodation, hotels, airports and training bases.
There are 11 host cities for the World Cup, indicating a broad demand for stadia, transport infrastructure and accommodation. According to the country’s Ministry of Sport, RUB600.0 billion (US$19.1 billion) is required to be spent on various infrastructure construction projects in order to prepare for games.
• Significant investments are being made in the country’s power sector to improve the energy quality, effectiveness, safety and security.
The government introduced the Energy Strategy 2030 in 2009, under which electricity generation capacity will double from 225GWe in 2008 to 355-445GWe by 2030. A sum of RUB9.8 trillion (US$322.7 billion) will be spent on power plants by 2030, as well as RUB10.2 trillion (US$335.9 billion) on transmission.• Russia’s rail transport network is the backbone of the nation’s transport system, as 90% of goods in the country are transported by railways. Consequently, the government is focusing more on rail infrastructure development. Under the Strategy for Developing Rail Transport in the Russian Federation to 2030, Russian Railways (RZD) has laid out an ambitious plan to overhaul the country’s rail network.
Accordingly, the RZD is planning to construct 20,000km of new rail routes by 2030, as well as upgrade 13,800km freight lines for heavy-axel loads and acquire one million freight cars, 23,300 modern locomotives and 29,500 passenger cars.• The hotel market is highly developed in major cities such as Moscow, Saint Petersburg and the Black Sea, and resort towns such as Sochi. Small cities with a population of around 1 million such as Pereslavl-Zalessky, Ryazan, Irkutsk and Lipetsk are registering a rise in the construction of hotel projects.
Reason To Buy : country’s power sector to improve the energy quality, effectiveness, safety and security. • 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
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