"Singapore Infrastructure Report Q3 2016" Published

Singapore's construction sector will grow at a subdued pace over the coming years particularly due to the slowdown in residential construction as property prices continue to fall. However, continued public investment in transport infrastructure will prevent construction growth from slowing down significantly.

Latest Updates And Structural Trends

We revised lower our 2016 construction growth forecast to 1.5% (versus 2.6% previously) as a result of a weak domestic economic growth environment, which is compounded by slowing activity in residential construction.

Over the next decade through to 2025, the Singapore government's continued commitment to invest in public infrastructure such as transport and non-residential infrastructure will support construction activity.

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- http://www.fastmr.com/prod/1170564_singapore_infrastructure.aspx?afid=301

In the transport segment, railways will be leading growth given its significant share within the segment as the government expands on its existing train lines, aiming to double the city-state's rail network from 178km in 2013 to about 360km by 2030.

Risk/Reward Index

Singapore's score on the Infrastructure RRI increased modestly to 64.0 in Q316 (versus 61.7 in Q216).

The industry's Rewards has risen slightly, but given our expectations that growth in the construction sector will be subdued, it is ranked at 11th out of 32 countries in the region.

In terms of its Risks score, Singapore's stable political and regulatory environment continues to be a boon for the construction sector and enables it to retain first place position.

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

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