Press release
Tunisia construction Industry Will Reach At CAGR Of 4.02% till year 2021
Timetrics 'Construction in Tunisia, Key Trends and Opportunities to 2021' report provides detailed market analysis, information and insights into the Tunisian construction industry, including:
The Tunisian construction industry's growth prospects by market, project type and construction activity
Analysis of equipment, material and service costs for each project type in Tunisia
Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Tunisian construction industry
Profiles of the leading operators in the Tunisian construction industry
Data highlights of the largest construction projects in Tunisia
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Construction activity in Tunisia was weak during the review period (2012-2016) due to the depressed economic environment caused by ongoing political instability and two major terrorist attacks in 2015.
Reduced business confidence and security issues had negative impacts on the economy. However, construction activity posted a slight recovery in 2016 with improving political conditions and government efforts to boost economic growth.
Over the forecast period (20172021), the industry is expected to pick up pace, supported by investments in public infrastructure, combined with residential construction and renewable energy projects.
Flagship programs such as Tunisia 2020 and the Renewable Energy Action Plan 2030 are expected to add momentum. In addition, significant financial assistance from international organizations such as the World Bank is expected to support the industrys expansion.
Output value will register a CAGR of 4.02% in real terms over the forecast period, up from 0.32% posted during the review period.
Scope
This report provides a comprehensive analysis of the construction industry in Tunisia. It provides:
Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Tunisia using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type
Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
Analysis of key construction industry issues, including regulation, cost management, funding and pricing
Detailed profiles of the leading construction companies in Tunisia
Reasons To Buy
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.
Assess market growth potential at a micro-level with over 600 time-series data forecasts.
Understand the latest industry and market trends.
Formulate and validate strategy using Timetric's critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
Key Highlights
Tunisia is being supported by financial aid from various international institutions. The European Investment Bank, the European Bank for Reconstruction, and Development and the Arab Fund for Economic and Social Development announced plans to provide loans of TND11.3 billion (US$5.3 billion) during 20162020 to render support for Tunisia 2020.
In November 2016, the government launched a five-year development plan called Tunisia 2020. It aims to develop several large-scale projects in the transport, tourism, energy and utilities, education, healthcare, communication, industrial and housing sectors. The program will operate on a budget of TND127.8 billion (US$60.0 billion) until 2020.
In collaboration with the Gulf Finance House, the Ministry of Planning and International Cooperation of Tunisia is developing a new financial hub in Tunis. It aims to establish the first state-of-the-art offshore financial center in North Africa for a total investment of TND6.4 billion (US$3.0 billion).
To develop digital infrastructure, the government launched the Digital Tunisia 2020 program in 2016. The program aims to expand high-speed internet and broadband infrastructure for an investment of TND1.8 billion (US$867.0 million).
Due to ongoing urbanization, the government is focusing on enhancing the efficiency of the disposal of waste water. It intends to implement the Northern Tunis Wastewater Project for a total cost of TND133.8 million (US$62.8 million). In September 2016, the World Bank announced its intent to provide an additional TND37.0 million (US$17.4 million) in support of the project which includes the construction of an underwater pipeline and a 6km-long submarine outfall.
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