The Nigerian construction industry will continue to expand over the forecast period (2016–2020), with investment in infrastructure construction, healthcare, manufacturing plants, education facilities and housing projects continuing to drive growth.
The expansion will also be supported by the country’s Vision 2020, under which the government aims to develop the country’s road, rail, airport and other related infrastructure.
In real terms, the industry’s output value increased at a compound annual growth rate (CAGR) of 11.68% during the review period (2011–2015), and is estimated to grow at a CAGR of 9.49% over the forecast period, due to the government’s vision to develop world-class infrastructure under the National Integrated Infrastructure Master Plan (NIIMP) 2043 to support sustainable economic development and growth.
The government aims to achieve this target through investments under the Public-Private Partnership (PPP) model. The industry is consequently expected to rise in real terms.
Timetric’s Construction in Nigeria– Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Nigerian construction industry including:
-The Nigerian construction industry’s growth prospects by market, project type and construction activity
-Analysis of equipment, material and service costs for each project type in Nigeria
-Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Nigerian construction industry
-Profiles of the leading operators in the Nigerian construction industry
-Data highlights of the largest construction projects in Nigeria
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This report provides a comprehensive analysis of the construction industry in Nigeria. It provides:
-Historical (2011–2015) and forecast (2016–2020) valuations of the construction industry in Nigeria 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 Nigeria
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Reason 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.
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