Today: March 28, 2017, 11:37 pm

"Kazakhstan Infrastructure Report Q2 2014" now available at Fast Market Research

New Construction research report from Business Monitor International is now available from Fast Market Research 2014-03-30 13:48:01
Kazakhstan's construction industry will experience solid growth over our forecast period on the back of continued investment into the hydrocarbons sector, transport links and industrial projects. However, following a major devaluation in the tenge, we have downgraded our forecasts for the sector, as the nascent development of the residential and non-residential sectors will be negatively impacted. We estimate that 5.7% growth was posted in 2013 and as progress is made on a number of largescale projects, a revised down forecast of 7.3% is expected in 2014. Long-term political stability remains the major risk to confidence, although there are signs that a presidential successor is being lined up, which will lower the risk outlook. The construction sector will remain exposed to global oil and commodity price fluctuations.

Full Report Details at
- ..

Key Trends And Developments

* We are mainly highlighting the downside to the currency devaluation. While the devaluation will provide a boost to net exports, it is set to drag on the key driver of Kazakh economic activity: private consumption. As such, demand for housing, commercial and industrial construction will all diminish over the short term at least.
* Kazakhstan President Nazarbayev said the Light Rail Transport project proposed by Alstom is overly expensive for Astana, so the city will get a bus rapid transit network instead. The bus system, involving a network of designated lanes, will be ready by 2016.
* DP World will develop a new free economic zone in Kazakhstan. DP World will develop the Khorgos- Eastern Gates zone and Aktau port in order to establish the largest logistics centre in Eurasia. It will invest at least AED3.67bn (US$1bn) in the project.
* The much touted high-speed line between Astana and Almaty, has been postponed due to a lack of financing. The government has stated that a lack of commercial viability has made financing the project a challenge, confirming our view that the demand dynamics for such a project were likely to be a major hurdle to overcome.
* The 2017 EXPO in Astana is set to boost the construction industry. Construction of the site, which the government is funding to the tune of US$325mn, is expected to begin in March 2014.
* Astana is the focus of residential and non-residential construction activity in the country. Most recently, a US$1.4bn contract was been awarded to a joint venture company, led by Arabtec. The project will be named Abu Dhabi Plaza, comprising a mixed-use development of 500,000m2. The project is expected to be completed in 2017, although a recent strike by Arabtec construction workers over pay rises may delay that.
* Kazakhstan has ambitions for a domestic nuclear power industry, although just two plants are in the pipeline. Balkhash, Aktau and Kurchatov (East-Kazakhstan oblast) were all being considered as locations for sites for the nuclear plants, which are planned to have a 1,000MW generation capacity. However, Aktau has now been ruled out, due to the site's proximity to the city among other reasons.

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at or call us at 1.800.844.8156.

Press Information

Published by
Bill Thompson

# 692 Words
Related Articles
More From Industries
Porsche 356 Changes Over the Years
The first Porsche production car went through a few overhauls over its seventeen year lifespan. To the untrained eye they [..]
Tackling Farm Input Costs & Water Scarcity
With rising costs in mains water increasing inputs at farm level and in affiliated sectors such as processing, manufacturing, horticulture, [..]
Screen Printing Company Near Me Growing! - [..]
Screen printing is a largely growing business and with all the new technology being developed the process is become easier [..]
Soltera Mining Corp secures El Torno gold [..]
Jujuy, Argentina – October 24, 2016 - Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. ( is [..]
Loyyal Selected to Participate in the Inaugural [..]
NEW YORK, NY, Oct 7, 2016 - (ACN Newswire) - Loyyal, a leading blockchain start up focused on creating the [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.