New Zealand Infrastructure Report - Business Monitor International - Industry Reports

New Zealand Infrastructure Report

New Zealand Infrastructure Report - Business Monitor International - Industry Reports
New Zealand Infrastructure Report
Published Sep 24, 2016
69 pages — Published Sep 24, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The New Zealand economy did not suffer a deeper slowdown in Q--- as the construction sector expanded at a strong rate of --.- , but we expect GDP and construction sector growth to wane over the coming quarters. Firstly, construction activity in Canterbury will continue to slow and will act as a drag to overall construction growth. ...Indeed, data from Statistics New Zealand shows that growth in the total number of building consents issued (on a three-month moving average basis) in Auckland appears to be topping out. New Zealand s construction sector grew at an impressive rate between ---- and ----, averaging -- per annum and peaking at -- year-on-year (y-o-y) in ----, the highest level over the last -- years. This was primarily boosted by post-earthquake reconstruction in Christchurch and the non-government building sector, which accounted for --.- of total value of the construction sector. ...New Zealand s construction sector grew at an impressive rate between ---- and ----, averaging -- per annum and peaking at -- year-on-year (y-o-y) in ----, the highest level over the last -- years. This was primarily boosted by post-earthquake reconstruction in Christchurch and the non-government building sector, which accounted for --.- of total value of the construction sector.

...After good growth in the previous decade, the construction industry will moderate out to ----, once construction mellows amid economic pressures and a cooling housing market. Nevertheless, we have revised upwards our outlook for sector growth in ---- and ---- to reflect the robust level of residential construction nationwide. ...Nevertheless, we have revised upwards our outlook for sector growth in ---- and ---- to reflect the robust level of residential construction nationwide. Rebuilding Christchurch after the --------- earthquakes will continue to contribute favourably to our total industry value and growth over the medium term, but rebuilding may have peaked in ----. The Auckland Unitary Plan has been approved and will define urban expansion in the capital until ----, with residential construction and transport infrastructure set to gain. The road sector is seeing heightened levels of activity, with several major awards coming in ---- and ----, while airports in Auckland and Wellington are planning significant upgrade projects. The energy and utilities infrastructure sector remains quiet, but a forecast need for energy capacity expansion in the medium term presents a possible avenue for development.

...After strong growth in the previous decade, the construction industry will moderate between ---- and ----. However, we have upgraded our construction growth forecast for ---- from -.- to -.- in light of stronger than anticipated Q--- activity. ...

  
Source:
Document ID
2055-4478
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "New Zealand Infrastructure Report" Sep 24, 2016. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/New-Zealand-Infrastructure-Report-2026-1582>
  
APA:
Business Monitor International - Industry Reports. (2016). New Zealand Infrastructure Report Sep 24, 2016. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/New-Zealand-Infrastructure-Report-2026-1582>
  
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