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(Construction.IndustryNews247.Com, March 21, 2018 ) In real terms, the Bahraini construction industry's output grew by an annual average of 4.8% during the review period (2013-2017). Although output growth slowed sharply in 2017, the general upward trend can be attributed to public and private sector investment in infrastructure and residential construction projects.
Over the forecast period (2018-2022), government efforts to enhance transport and residential infrastructure will support the growth of the industry. In addition, the government's aim to improve local energy resources is expected to support investments in energy infrastructure projects, which will in turn fuel growth in the industry. The industry growth will also be driven by the Economic Vision 2030, under which the government aims to diversify the country's economy away from oil and support economic growth.
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The industry's output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 4.80% over the forecast period, compared to 4.91% during the review period. Government efforts to diversify the economy away from oil by focusing on non-oil sectors will create growth opportunities for the construction industry Publisher's Construction in Bahrain-Key Trends and Opportunities to 2022 report provides detailed market analysis, information and insights into the Bahraini construction industry, including: -The Bahraini construction industry's growth prospects by market, project type and construction activity -Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Bahraini construction industry -Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
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This report provides a comprehensive analysis of the construction industry in Bahrain. It provides: -Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Bahrain, featuring details of key growth drivers. -Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector -Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. -Listings of major projects, in addition to details of leading contractors and consultants -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 strategy 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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