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10/20/2019 11:51 pm  #1

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Israels construction industry suffered a downturn in 2018 Tyson Barrie Womens Jersey , contracting by 0.5% in real terms that year, following an average annual growth of 4.0% during 2014-2017. This decline can be attributed to low public and private sector investments in construction projects, slowdown in new home sales and deceleration in fixed assets investment in residential buildings. Israels construction industry is expected to record positive growth over the forecast period (2019-2023), driven by the governments plans to upgrade the countrys transport infrastructure. In addition, public and private sector investments in energy Semyon Varlamov Womens Jersey , commercial, industrial and healthcare infrastructure construction projects are expected to support growth in the industry over the forecast period. The governments investment under the five-year infrastructure development program 2017-2021 is also expected to support the industrys growth over the forecast period. The government plans to invest ILS116.0 billion (US$32.4 billion) to develop the countrys infrastructure by 2021. The industrys output value in real terms is expected to rise at a compound annual growth rate (CAGR) of 2.63% over the forecast period. Its "Construction in Israel - Key Trends and Opportunities to 2023", report provides detailed market analysis, information and insights into the Israeli construction industry, including -
- The Israeli construction industrys growth prospects by market Patrick Roy Womens Jersey , project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Israeli construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline. Key Highlights
- It expects the residential construction market to retain its leading position over the forecast period, and account for 55.4% of the industrys total value in 2023. Market expansion over the forecast period is expected to be supported by public and private sector investments in the construction of new residential buildings Mikko Rantanen Womens Jersey , in order to meet the demand for housing. In August 2018, the government approved plans to construct 20,000 new housing units in Maale Adumim near Jerusalem. The total investment in the project is anticipated to be ILS1.4 billion (US$379 million).
- Forecast-period growth in the institutional construction market will be supported by public and private sector investment in educational and healthcare building construction projects. In January 2018, the Israeli cabinet approved 15.1% of its 2019 state budget - ILS60.0 billion (US$17.5 billion) - for the education sector and 9.6% of its 2019 state budget - ILS38.0 billion (US$11.1 billion) - to improve the healthcare sector.
- It expects the infrastructure construction market to record a forecast-period CAGR of 5.75% in nominal terms, driven by the governments focus on developing the transport infrastructure to improve the mobility of people and services Gabriel Landeskog Womens Jersey , support economic growth and decrease transport costs. The government plans to invest ILS123.6 billion (US$34.9 billion) to increase the countrys rail network to 2,572km by 2040.
- Energy and utilities construction markets forecast-period growth will be driven by the governments plan to increase the share of renewable energy in terms of the total energy mix, encouraging investment in renewable energy infrastructure. The government aims to generate 10% of the countrys total electricity needs through renewable sources by 2020 and 17% by 2030. Accordingly, the government is planning to generate 6GW through solar energy by 2030. In June 2018, the Energy Ministry announced a plan to issue a tender for the development of a 500MW solar energy project at the southern Israeli town of Dimona.
- The total construction project pipeline in Israel - as tracked by It Nathan MacKinnon Womens Jersey , and including all mega projects with a value above US$25 million - stands at ILS547.1 billion (US$152.2 billion). The pipeline, which includes all projects from pre-planning to execution, is skewed towards late-stage projects, with 80.1% of the pipeline value being in projects in the pre-execution and execution stages as of February 2019. Scope
- This report provides a comprehensive analysis of the construction industry in Israel.
- Historical (2014-2018) and forecast (2019-2023) valuations of the construction industry in Israel, featuring details of key growth drivers.
- Segmentation by sector (commercial Matt Duchene Womens Jersey , industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors Matt Nieto Jersey , and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants. Reasons to buy
- Identify and evaluate market opportunities using Its 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 Its critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors. Category: Construction
Related Reports:
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Construction in Tunisia - Key Trends and Opportunities to 2023 Contact Details:
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