New Market Research Report: Chile Infrastructure Report Q4 2014

From: Fast Market Research, Inc.
Published: Tue Sep 09 2014

We have downgraded our construction industry forecast for Chile in 2014 from 3.6 % to 2.1% real growth. This is on the back of lower than expected industry growth in Q114 and weakening GDP growth expectations as the economy starts to suffer the effects of falling copper prices - the country's primary export. That said, we maintain a positive stance over the medium term on Chile's construction industry , supported by a strong project pipeline , political stability and an investor-friendly business environment.

Key Trends And Developments

* Chile's unique geography raises particular challenges for transport infrastructure. However, the attractive investment environment means that the sector will maintain solid growth in the medium term. Road building remains the primary focus, but railways and ports are also set to win big.
* We expect strong growth in renewable energy infrastructure given the country's high potential for biomass, solar, wind, and marine power generation. The unanimous passing by parliament of the upward revision to the country's renewable energy targets in September 2013 confirms our constructive view of the Chilean market.
* We remain positive over the residential sector's long-term growth prospects. However, in the short term growth will be moderate due to weakening domestic demand and an uptick in unemployment. This will result in lower construction industry growth rates than the ones seen in 2011 and 2012, when government stimulus lead to a boom in industry value.
* Growth in gross fixed capital formation (GFCF) has dropped off sharply in recent quarters , highlighting a negative trend in investor sentiment, particularly with regards to the mining sector, where lower copper prices weigh heavily on profits,
* Chile continues to claim the top spot in our Latin America regional Risk/Reward Ratings this quarter, followed by Colombia and Mexico. Market-friendly policies and strong institutions have been the hallmark of the...

Full Report Details at

The Chile Infrastructure Report features Business Monitor International (BMI)'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 Chile Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Chilean infrastructure and construction industry.

Key Benefits

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You may also be interested in these related reports:

- Singapore Infrastructure Report Q4 2014
- Mexico Infrastructure Report Q4 2014
- Malaysia Infrastructure Report Q4 2014
- Canada Infrastructure Report Q4 2014
- Australia Infrastructure Report Q4 2014

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Contact Name: Bill Thompson
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