Nigeria Infrastructure Report - Business Monitor International - Industry Reports

Nigeria Infrastructure Report

Nigeria Infrastructure Report - Business Monitor International - Industry Reports
Nigeria Infrastructure Report
Published Feb 13, 2016
71 pages — Published Feb 13, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

We marginally lowered our overall construction industry outlook for ---- and ---- forecasts to - and -- y-o-y real growth respectively, largely due to the residential and non-residential sector underperforming. Over the long-term, Nigeria retains strong infrastructure fundamentals and over our --- year forecast period we forecast average annual real growth of --.- . ...Over the long-term, Nigeria retains strong infrastructure fundamentals and over our --- year forecast period we forecast average annual real growth of --.- . � We expect the transport sector to outperform, given heavy Chinese involvement in financing and building major projects as well as a large focus on capital investment in the ---- federal budget - increasing over --- y-o-y. � The residential and non-residential building sector has been hardest hit by the economic turmoil and in ---- we forecast real growth of just -.- y-o-y - a notable slowdown after years of double-digit growth. ...� The residential and non-residential building sector has been hardest hit by the economic turmoil and in ---- we forecast real growth of just -.- y-o-y - a notable slowdown after years of double-digit growth.

...Given the country s high levels of corruption and bureaucratic inefficiency, many public sector construction projects have stalled or have had to be cancelled. The Nigerian construction industry needs tighter and enforceable building regulations and increased local materials output, especially in local cement capacity - although Dangote is expanding operations substantially. ...Given the country s high levels of corruption and bureaucratic inefficiency, many public sector construction projects have stalled or have had to be cancelled. The Nigerian construction industry needs tighter and enforceable building regulations and increased local materials output, especially in local cement capacity - although Dangote is expanding operations substantially. Extremely high electricity deficit with frequent power cuts due to poor management of the sector. Security threats, particularly in the Niger Delta region and in the north of the country around the city of Kano, present a formidable risk to international infrastructure and construction companies. International workers are often the target of kidnappings.

...The potential of Nigeria s infrastructure market has long been known, however a chronic lack of investment and the laborious business environment has limited its growth prospects. We highlight persistent risks hampering the implementation of major projects, ranging from deep-rooted corruption and violence perpetrated by militants to inefficient bureaucracy. ...

  
Source:
Document ID
1750-5380
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Nigeria Infrastructure Report" Feb 13, 2016. Alacra Store. May 24, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Infrastructure-Report-2026-598>
  
APA:
Business Monitor International - Industry Reports. (2016). Nigeria Infrastructure Report Feb 13, 2016. New York, NY: Alacra Store. Retrieved May 24, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Nigeria-Infrastructure-Report-2026-598>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.