construction in singapore – key trends and opportunities to 2018
TRANSCRIPT
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Construction in Singapore -
Key Trends and
Opportunities to 2018
Category : Construction
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Introduction to Report
Launch Date: September 25, 2014
Number of Pages: 75
Geography Coverage: Singapore
Available Format: PDF
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Price For Global User License: USD 5,850
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About the Report
Singapore’s construction industry recorded a nominal compound annual growth rate (CAGR) of 2.64% during the review period (2009-2013), with growth being driven primarily by industrial, infrastructure and residential construction activities, which collectively generated 78.0% of the industry’s total value in 2013.
Higher demand for institutional projects and investments in commercial and industrial projects will also support the construction industry, with the country’s rise as an economic hub.
The construction industry’s output is therefore expected to record a forecast-period (2013-2018) CAGR of 4.91%.
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Scope:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Singapore using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
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Reasons to Buy:
Identify and evaluate market opportunities using Publisher's standardized valuation and forecasting methodologies
Assess market growth potential at a micro-level with over 600 time-series data forecasts
Understand the latest industry and market trends
Formulate and validate business strategies using Publisher's critical and actionable insight
Assess business risks, including cost, regulatory and competitive pressures
Evaluate competitive risk and success factors
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Key Highlights:
According to the Building and Construction Authority (BCA), which develops and regulates Singapore’s building and construction industry, total construction demand (the value of construction contracts awarded) increased from SGD30.8 billion (US$24.6 billion) in 2012 to SGD35.8 billion (US$28.6 billion) in 2013, while construction output reached SGD33.0 billion (US$26.4 billion) in the same year.
Singapore has become one of Asia’s leading petrochemical and refining hubs.
It does not have any domestic oil reserves, and depends on crude oil imports to meet the growing demand for petrochemical products, supporting growth of the petrochemical and refining sector.
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Key Highlights: Continues...
According to the National Environment Agency (NEA), the amount of solid waste generated in the country increased from 7.3 million tonnes in 2012 to 7.9 million tonnes in 2013.
The government aims to achieve a recycling rate of 65% by 2020, and 70% by 2030.
According to the Asia-Pacific Economic Cooperation (APEC), energy demand in Singapore is projected to rise from 36TWh in 2009 to 51TWh by 2035.
The government announced the second half of the GLS program in June 2014, which will supply 10,200 residential units, including 1,500 ECs. This will support the residential construction market’s growth over the forecast period.
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Report Coverage
1. Executive Summary
2. Market Overview
3. Commercial Construction
4. Industrial Construction
5. Infrastructure Construction
6. Institutional Construction
7. Residential Construction
8. Company Profile
9. Market Data Analysis
10.Appendix
For more details regarding Report coverage see the last slideAll logos and Images mentioned on this slide belong to their respective owners.
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Company Coverage:
1. Sim Lian Group Ltd
2. Chip Eng Seng Corporation Ltd
3. United Engineers Ltd
4. Lian Beng Group Ltd
5. BBR Holdings (S) Ltd
For more details regarding Report coverage see the last slideAll logos and Images mentioned on this slide belong to their respective owners.
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