New Report Available: Cameroon Infrastructure Report Q1 2015

From: Fast Market Research, Inc.
Published: Wed Dec 17 2014

We are maintaining our positive outlook for Cameroon's construction sector growth over the five - year time horizon based on a strong project pipeline and growing PPP employment. However, we note rising risks from lower commodity prices, both to the country's fiscal position, and fixed asset investment supporting natural resource extraction.

Cameroon's construction sector growth is expected to average 9.4% between 2015 and 2019, broadly in line with the high growth trend set over the previous five years. A strong project pipeline across the power and transport segments in particular is supporting this outlook, with funding coming from a combination of development funding, private investment and Chinese capital.

The limited reliance on government investment for project development will shield the construction sector from an expected economic slowdown over the next few years, primarily related to falling government revenues as a result of lower commodity prices. While we have downgraded our 2014 estimate, based on weak Q114 growth, to 8.4%, we are maintaining our medium term growth outlook.

Full Report Details at

The biggest downside risk to the sector is related to investment to support mining activity. Investment in Cameroon's iron ore resources has been a major driver of infrastructure development, however, with iron ore prices at five-year lows, and mining companies cutting capex, projects could be delayed or cancelled. Currently, we see progress continuing on major projects and therefore are maintaining our view:

* In July 2014, French major EDF signed an agreement with the Cameroon government to develop a 360MW hydropower plant located at Nachtigal Falls on the Sanaga River. Construction is expected to start in early 2015 and cost USD814mn. EDF is providing 40% of the funds, with the remainder coming from the International Finance Corporation (with 34%) and the Cameroon government (26%).
* In June 2014, Portugal's Mota-Engil was awarded a contract for construction...

The Cameroon 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 Cameroon Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Cameroonian infrastructure and construction industry.

Key Benefits

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.

You may also be interested in these related reports:

- Vietnam Infrastructure Report Q1 2015
- Qatar Infrastructure Report Q1 2015
- Germany Infrastructure Report Q1 2015
- Poland Infrastructure Report Q1 2015
- Argentina Infrastructure Report Q1 2015
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email:
Contact Phone: 1-413-485-7001

Visit website »