Now Available: Kuwait Infrastructure Report Q2 2016

Kuwait will record modest growth of 3.9% in 2016 in real terms over 2016 and average annual growth of 4% throughout our forecast period. The move to diversify the economy as well as liberalise the sector for foreign investment will underpin growth. High levels of bureaucracy and an opaque business environment will weigh on expansion and investor confidence.

Latest Updates And Structural Trends

We maintain our forecasts of 3.9% real growth in 2016 and annual average growth of 4.1% over the next five years and 4% over 10 years.

Kuwait's five-year plan (which runs until 2020) will be the major growth driver in lending opportunities and profitability. The National Assembly passed the plan in February 2015, which envisages spending of about USD116bn on 521 development projects.

Full Report Details at
- http://www.fastmr.com/prod/1152853_kuwait_infrastructure_report.aspx?afid=301

The government, with a supportive parliament, has been able to progress on long-stalled infrastructure development projects and implement increases in public capital expenditure. Capital spending was KWD0.6bn for the fiscal year to September, up 16% y-o-y. It is currently at 23% of the full-year budget, five percentage points above the five-year average.

Risk/Reward Index

Kuwait is ranked 7th out of 14 countries in our MENA RRI, with an overall score of 59.8 out of 100.

Kuwait scores well in Country Rewards (71.3, ahead of the regional average of 55.6), with good access to electricity and sound financial institutions.

Project realisation is often hampered by excessive red tape and concerns over the country's legal environment.

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

Key Benefits
Benchmark BMI's independent infrastructure industry forecasts for Kuwait to test other views - a key input for successful budgetary and planning in the Kuwaiti infrastructure market.
Target business opportunities and risks in the Kuwaiti infrastructure sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Kuwait.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

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