"Greece Infrastructure Report Q1 2016" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Feb 17 2016

Overall, the long - term outlook for Greece's struggling construction sector remains bleak. While the country has successfully agreed a third bailout deal, economic growth will remain subdued , and significant structural weaknesses persist, exacerbated by ongoing political uncertainty. There is therefore little scope for public spending , and we expect private investment to be the sole source of growth throughout much of the forecast period. Key to this is the progression of highly unpopular privatisation s of major state- owned assets, including transport infrastructure and key utilities. Although we expect some growth in the value of the construction sector value over the forecast period, driven by projects such as the Trans Adriatic Pipeline, it will be more than a decade before the industry successfully regains 2013 value levels and even longer before pre - crash values are obtained.

Full Report Details at
- http://www.fastmr.com/prod/1109860_greece_infrastructure_report.aspx?afid=301

Key Developments And Forecasts

Privatisation looks set to proceed with the creation of a EUR50bn investment fund, into which the government will transfer state-owned assets, which will be either sold off or managed in order to fund debt repayments and economic reform.

In early November 2015, the European Investment Bank granted loans worth a total of EUR285mn (USD310.31mn) for energy projects in Greece.

A new deadline of December 15 2015 was set for final bids for the Port of Piraeus, followed by a February 2016 deadline for final bids for the Port of Thessaloniki.

The privatisation of Trainose and Hellenic Company for Rolling Stock Maintenance (Rosco) was also set to proceed by end-2015.

We forecast a 17.8% decline in Greece's construction sector value in 2015, and a decrease of 6.2% in 2016.

The Greece Infrastructure Report features BMI Research'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 Greece Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Greek infrastructure and construction industry.

Key Benefits

* Benchmark BMI's independent infrastructure industry forecasts for Greece to test other views - a key input for successful budgetary and planning in the Greek infrastructure market.
* Target business opportunities and risks in the Greek infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Greece.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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