August 8, 2011
Business Monitor International Predicts Slower Growth in the Angola Construction Industry
LONDON, August 8, 2011 /PRNewswire/ --
Business Monitor International (BMI) forecasts an annual average growth
of 8.3% y-o-y between 2011 and 2015 in the construction sector, which will
be slightly reduced from the previous high rate.
Angola has experienced a post-civil war reconstruction boom, aided by
the spending of oil revenues and large credit lines. The infrastructure
sector benefited from the rapid pace of growth in the construction industry.
Although sky-high property prices and vast oil wealth have seen the Angolan
capital Luanda dubbed the "new Dubai", new data for Angola's construction
industry illustrates downside risks that expect to slow the future growth of
the infrastructure market.
The Angola Infrastructure
[http://store.businessmonitor.com/infra/angola_infrastructure_report ] Report
provides an overview of all the major areas of the infrastructure sector
including building materials, transport infrastructure, construction
industry and utilities. It also features BMI's market assessment and 5-year
forecasts to end-2015 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.
BMI previously highlighted the pertinent threats posed by political risk
across a number of African nations. The violent unrest and political
instability seen in Libya and Cote d'Ivoire has underlined the importance of
policy continuity for investment into the Africa infrastructure markets
BMI's portfolio of products and services provides comprehensive analysis
of the global infrastructure industry and enables industry professionals,
strategists, sector analysts and investors to evaluate and manage the risks
arising in the infrastructure markets.
About Business Monitor International [http://www.businessmonitor.com ]:
Business Monitor International (BMI) established in 1984 with
headquarters in London is recognised as a leading independent source for
analysis and forecasts on Country Risk and Industry, spanning 175 countries.
BMI provides research to multinational corporations, banks, funds, research
centres and governments in 140 countries around the world, including more
than 400 of the Fortune Global 500 companies.
PR contact: Matthew Brooks Head of Strategic Analysis & Product Development Mermaid House 2 Puddle Dock London EC4V 3DS United Kingdom +44(0)20-7248-0468 http://www.businessmonitor.com
SOURCE Business Monitor International