Construction Industry in the Philippines to 2018 - Market Key Trends, Analysis and Opportunities

ResearchMoz.us include new market research report " Construction Industry in the Philippines to 2018: Market Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

The Philippine construction industry increased in value at a compound annual growth rate (CAGR) of 12.01% during the review period (2009−2013). This growth was supported by public investments in the infrastructure and residential markets, which are expected to be the main growth drivers over the forecast period (2014−2018). The industry is projected to record a forecast-period CAGR of 9.90%. 

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Business process outsourcing, public-private partnership (PPP) initiatives and rise in the number of tourist arrivals will also drive industry expansion, leading to the construction of more residential properties, roads, bridges, offices and power plants.

Scope:-

This report provides a comprehensive analysis of the construction industry in the Philippines. It provides:

• Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Philippines using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, 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 Philippines

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Key highlights:-

• Construction value add in nominal terms registered a review-period CAGR of 10.18%. The construction value add is expected to register a CAGR of 10.63% over the forecast period, owing to the country’s robust economic conditions. The forecast-period outlook for construction in the country is more optimistic, with increased government spending, an increased proportion of construction expenditure in the country’s GDP, and the rise in the number of tourist arrivals.
• The Philippine construction activity has been growing. According to the Philippine Statistics Authority (PSA), the number of approved building permits increased by 20.8%, from 24,400 new construction projects in the first quarter of 2013 to 29,468 in the first quarter of 2014. Moreover, residential-type building projects recorded a faster rate of expansion, with 17.1%, compared with non-residential buildings with 15.2%. While the rise in activity indicates improvements in the industry, there are concerns over the impact this will have on material and labor prices........

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