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EPR Archived News |
Business Monitor International Predicts Slower Growth In The Angola Construction Industry
Released on: August 08, 2011, 3:41 pm Business Monitor International (BMI) forecasts an annual average growth of 8.3% y-o-y between 2011 and 2015 in the construction sector, which will be slightly reduced from the previous high rate. Angola has experienced a post-civil war reconstruction boom, aided by the spending of oil revenues and large credit lines. The infrastructure sector benefited from the rapid pace of growth in the construction industry. Although sky-high property prices and vast oil wealth have seen the Angolan capital Luanda dubbed the "new Dubai", new data for Angola's construction industry illustrates downside risks that expect to slow the future growth of the infrastructure market. The Angola Infrastructure Report provides an overview of all the major areas of the infrastructure sector including building materials, transport infrastructure, construction industry and utilities. It also features BMI's market assessment and 5-year forecasts to end-2015 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. BMI previously highlighted the pertinent threats posed by political risk across a number of African nations. The violent unrest and political instability seen in Libya and Cote d'Ivoire has underlined the importance of policy continuity for investment into the Africa infrastructure markets. BMI’s portfolio of products and services provides comprehensive analysis of the global infrastructure industry and enables industry professionals, strategists, sector analysts and investors to evaluate and manage the risks arising in the infrastructure markets. About Business Monitor International: PR contact:
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