Pakistan Infrastructure Report

Published 02 December 2014

  • 76 pages
  • Instant access to your report online and PDF format through your account library
  • Free related articles sent monthly
$1,295.00
Pakistan Infrastructure Report

BMI View:   Our outlook for Pakistan's construction sector remains largely subdued for 2015 and beyond. Domestic political uncertainty is undermining confidence in the market, and ongoing security risks continue to deter foreign investors. High levels of government debt and rising inflation are restricting public spending, and while many infrastructure projects are planned or underway, these continue to suffer from escalating costs and delays.

Pakistan's infrastructure network, starting as it does from a low base, does offer enormous long term potential. The country benefits from a strong regional location, good relations with powerhouse China and a large potential labour pool. If it is able to secure political stability and address corruption at high levels in order to create a more attractive investment environment we may see further growth in Pakistan's construction sector in the future, at present though, our forecasts for growth are limited.

Key developments include:

  • The 2014/15 state budget PKR205bn of investment in energy projects, PKR113bn in road projects and PKR77bn in rail transport projects as well as financing measures to boost the residential construction sector.

  • Pakistan's Water and Power Development Authority (WAPDA) has again delayed the deadline for prequalification applications to build the 2,160MW Dasu Stage 1 hydroelectric project on the Indus River. Interested parties can now submit applications by February 27 2015.

  • China has agreed to invest USD45.6bn via Chinese banks and investment firms in a range of energy and infrastructure projects in Pakistan. In a separate project China has also agreed to invest USD1bn in residential infrastructure projects.

  • Overall, we expect Pakistan's construction sector to slow in 2015, reflecting a year-on-year growth rate of 3.8%. Similar growth is forecast for the remainder of the forecast period, with industry value expected to reach USD9.7bn in 2024, up from USD6.1bn in 2015.

BMI Industry View
7
SWOT
8
Industry Forecast
10
Construction and Infrastructure Forecast Scenario
10
Table: Construction And Infrastructure Industry Data (Pakistan 2013-2018)
10
Table: Construction And Infrastructure Industry Data (Pakistan 2019-2024)
11
Transport Infrastructure - Outlook And Overview
21
Table: Competitiveness Of Pakistan's Infrastructure
21
Major Projects - Transport
27
Table: Major Projects - Transport
27
Energy And Utilities Infrastructure - Outlook And Overview
31
Major Projects - Energy & Utilities
42
Table: Major Projects - Energy And Utilities
42
Residential/Non-Residential Building - Outlook And Overview
47
Major Projects - Residential/Non-Residential Construction And Social Infrastructure
48
Table: Major Projects - Residential/Non-Residential Construction And Social Infrastructure
48
Industry Risk Reward Ratings
49
Pakistan Risk/Reward Index
49
Rewards
49
Risks
49
Asia Pacific Infrastructure Index
50
Developed Markets: Favoured
52
Giants Of Asia: Rewards Sizeable, Risks Sizeable
53
South East Asia: Environment Deteriorating Slightly
55
Table: Asia Pacific Infrastructure Risk Reward Index
57
Market Overview
58
Competitive Landscape
58
Table: EQS DATA
59
Company Profile
60
National Construction
60
Global Infrastructure Overview
62
Global Industry Overview
62
Table: Construction Industry Value, Real Terms, % Change
63
Table: BMI's Top 5 Markets
67
Methodology
69
Industry Forecast Methodology
69
Sector-Specific Methodology
70
Risk/Reward Index Methodology
74
Sector-Specific Methodology
75
Table: Infrastructure Risk/Reward Index Indicators
75
Table: Weighting Of Indicators
76

The Pakistan 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 Pakistan Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Pakistani infrastructure and construction industry.

Key Benefits

  • Benchmark BMI's independent infrastructure industry forecasts for Pakistan to test other views - a key input for successful budgetary and planning in the Pakistani infrastructure market.
  • Target business opportunities and risks in the Pakistani infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Pakistan.
  • 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.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%