Namibia Infrastructure Report

Published 10 February 2015

  • 97 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Namibia Infrastructure Report

BMI View: Following a mixed 2014, we expect the Namibian economy and the construction sector to continue to perform well, however with a downward revision to our medium-term outlook. Growth rates in 2015 will not be able to match the high double-digit numbers seen over the past years, as the governments stimulus program me terminated at end - 2014 .

Namibia's construction sector growth is being driven by a number of factors (listed below). The country has great potential and a building boom has seen a flurry of contracts signed and building permits approved. This acceleration in approvals has been filtering through to activity on the ground in 2014. However with overall mixed economic results, it is uncertain if this trend will continue in 2015.

Falling oil prices that are undermining several offshore exploration and consequent investments, in combination with the termination of the short-term government stimulus Targeted Intervention Programme for Employment and Economic Growth (TIPEEG), have led to a downward revision of our growth forecasts in the short- and medium term. Unlocking the potential of the energy sector holds the key for a return of higher growth rates both in GDP and in the infrastructure and construction sector.

Key Trends And Developments

  • The Namibia Ports Authority revealed construction on Namibia's port, called Southern Africa Development Community Gateway Port, 5km north of Walvis Bay, will start in 2015. The first phase will include construction of a NAD4bn (USD365.28mn) oil tanker jetty, a 75mn litre oil storage facility and petroleum pipelines. Phases two and three of the port, scheduled to begin in 2030, will include construction of a multi-purpose dry bulk terminal and a coal terminal to supply coal shipments of up to 65mn tonnes from Botswana's Mmabula coalfields in five berths.

  • The Namibian government may invite private investors for the Walvis Bay port-rail link project, following completion of a detailed feasibility...

Table of Contents

BMI Industry View
5
SWOT
7
Infrastructure SWOT
7
Industry Forecast
9
Construction And Infrastructure Forecast Scenario
9
Table: Construction And Infrastructure Industry Data (Namibia 2012-2017)
9
Table: Construction And Infrastructure Industry Data (Namibia 2018-2023)
9
Industry Risk Reward Ratings
20
Namibia - Infrastructure Risk/Reward Index
20
Rewards
20
Risks
21
Sub-Saharan Africa - Infrastructure Risk/Reward Index
22
Table: SSA Infrastructure Risk Reward Index, Scores Out Of 100
28
Market Overview
29
Competitive Landscape
29
Table: Number Of Contractors In Southern Africa (excluding South Africa)
29
Table: Number Of Contractors In Southern Africa (by region & including South Africa)
30
Pulling On Historic Ties
31
China Trade Off, Other Asian Countries Follow Suit
33
South Africans Expanding Into Their Backyard
36
Global Infrastructure Overview
37
Global Industry Overview
37
Table: Construction Industry Value, Real Terms, % Change
38
Table: BMI's Top 5 Markets
42
Methodology
44
Industry Forecast Methodology
44
Sector-Specific Methodology
45
Risk/Reward Index Methodology
49
Sector-Specific Methodology
50
Table: Infrastructure Risk/Reward Index Indicators
50
Table: Weighting Of Indicators
51

The Namibia Infrastructure Report features BMI Research'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 Namibia Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Namibian infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Namibia to test other views - a key input for successful budgetary and planning in the Namibian infrastructure market.
  • Target business opportunities and risks in the Namibian infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Namibia.
  • 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 national and multinational company developments. These are broken down into construction (social, commercial and residential), transport (roads, railways, ports, airports, etc), and energy & utilities (powerplants, pipelines and so on).

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 Forecasts

Historic data series (up to 2012) and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key developments in the market and risks to the main forecasts. Indicators include:

Construction: Industry value (USDbn); contribution to GDP (%); total capital investment (USDbn); real growth (%).

Construction industry real growth forecasts (%) and industry value (USDbn) forecasts for industry sectors are split into Residential and Non-residential and Infrastructure sectors. Where the data is available for particular countries the infrastructure is further broken down into indicators for the transport subsectors of roads, railways, airports and ports and the energy and utilities sub-sectors of power plants and transmission grids, oil & gas pipelines and water infrastructure. This dataset is unique to the market.

The reports also include analysis of latest projects across the infrastructure sectors (transport, utilities, commercial construction).

BMI’s Infrastructure Risk Reward Index

BMI’s Risk Reward Index provides investors (construction companies, suppliers and partners) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and  demographic data points. These provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

An assessment of the competitive landscape and key challenges to entering the market. Details of the largest companies active in the sector across the sub-segments of the industry, including the key financial figures from some of the largest players in the sector.

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 company 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.

Sources

The Infrastructure reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

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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