Bangladesh Construction Industry Report 2022: An Expansion of 7.2% Projected for this Year – Forecasts 2023-2026 – ResearchAndMarkets.com


DUBLIN–()–The “Bangladesh Construction Market Size, Trends and Forecasts by Sector – Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026” report has been added to ResearchAndMarkets.com’s offering.

The construction industry in Bangladesh expanded by an estimated 5.5% in real terms in 2021, following a decline of 1.2% in 2020

The industry’s output was affected by the outbreak of the Coronavirus (COVID-19) pandemic, as well as the subsequent restrictions imposed to contain its spread. The industry is expected to rebound to growth of 7.2% this year, supported by investments on transport, energy and housing infrastructure projects.

he construction industry registered year-on-year (Y-o-Y) growth of 8.3% in FY2020/2021, according to the Bangladesh Bureau of Statistics (BBS). However, the industry’s output is expected to be affected by the emergence of the Omicron variant and a resurgence in COVID-19 cases, along with the subsequent reimposition of containment measures.

The publisher expects the industry to fare better in 2022, with an expansion of 7.2% projected for the year. Over the remainder of the forecast period, between 2023 and 2026, the construction industry is expected to register an annual average growth of 7.4%, supported by investments as part of the Eighth Five-Year Plan (8FYP).

The plan is expected to require an investment of BDT65 trillion ($739.6 billion) between July 2020 and June 2025. Some of the main targets of the plan include increasing private investment as a percentage of GDP from 23.6% in FY2019/2020 to 27.4% by FY2024/2025, while that of public investment will be increased from 8.2% to 9.2% during the same period.

As part of the 8FYP, the government also targets to increase the total installed electricity generation capacity from 24GW in FY2020/2021 to 30GW by FY2024/2025, the share of renewable energy in the total electricity mix from 4.5% to 10%, the total length of the targeted four-lane road from 50km to 200km and the length of the targeted new railway network from 3,400km to 3,800km during the same period.

Over the long term, the industry’s output will be supported by the 30-year Railways Masterplan (2016-2045), under which, the government plans to invest BDT5.5 trillion ($64.3 billion) on the development of railways by 2045. Under the Revised Strategic Transport Plan (RSTP), the government aims to develop a five-mass rapid transit (MRT)-line network and two bus rapid transit (BRT) lines by 2035.

Scope

  • Historical (2017-2021) and forecast (2022-2026) valuations of the construction industry in – Bangladesh, featuring details of key growth drivers
  • Segmentation by sector (commercial, 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, 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 the publisher’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 the publisher’s critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 COVID-19 Status

3.5 Risk Profile

4 Construction Outlook

4.1 All Construction

  • Outlook
  • Latest news and developments
  • Construction Projects Momentum Index

4.2 Commercial Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.3 Industrial Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.4 Infrastructure Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.5 Energy and Utilities Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.6 Institutional Construction

  • Outlook
  • Project analytics
  • Latest news and developments

4.7 Residential Construction

  • Outlook
  • Project analytics
  • Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/gzs315



Source link

The content is by Business Wire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy