Press release
Nigeria Infrastructure Development Trends and Forecast - Construction Market Report
Report " Nigeria Infrastructure Insight " provides a detailed look into the infrastructure sector in Nigeria, including analysis of the state of the current infrastructure, the regulatory and financing landscapes and the major projects in the construction pipeline.The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports.
Infrastructure expenditure in Nigeria is forecast to increase at a strong pace over the forecast period (20172021).
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According to Timetrics Infrastructure Intelligence Center (IIC), the infrastructure construction markets value increased from NGN2.5 trillion (US$8.2 billion) in 2011 to NGN4.9 trillion (US$16 billion) in 2016, and is projected to reach NGN6.5 trillion by 2021 (in nominal value terms).
This is based on the assumption that a number of major infrastructure projects will proceed as planned, including the EastWest Road Dualization, the Coastal Railway Line, the 3050MW Mambilla Hydroelectric Power Plant and the Lekki Deepwater Port.
Scope
A concise analysis of the administrative, economic and political context for infrastructure in Nigeria.
An in-depth assessment of the current state of infrastructure in Nigeria, including roads, railways, electricity and power, water and sewerage, communications, airports and ports.
A focus on main political and financial institutions involved in the infrastructure market, as well as the competitive and regulatory environment.
For each infrastructure sector, an explanation of the key drivers of growth in new investment and an analysis of the project pipeline, with a detailed look at the prospects for major projects and the companies that have secured contracts.
Reasons To Buy
- Assess the current state of Nigeria infrastructure, and the main drivers of investment, including the key institutions and financing methods.
- Investigate forecasts and gain an understanding of key trends in each of the main infrastructure sectors.
- Analyze the main project participants operating in each sector, to better understand the competitive environment.
- Identify top projects by sector, development stage and start date to inform expansion strategy.
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Key Highlights
- Timetric is currently tracking 151 large-scale infrastructure construction projects in Nigeria, at all stages of development from announcement to execution. These projects have a total investment value of US$285.3 billion.
- Rail projects account for the largest share of infrastructure projects in the pipeline, with a total value of US$133.6 billion. This is followed by electricity and power projects with a pipeline of US$121.6 billion. The pipeline value for road infrastructure projects amounts to US$16.2 billion, and for airports and other infrastructure construction projects it stands at US$13.5 billion. For water and sewerage infrastructure construction projects, the total work pipeline stands at U$457 million.
- In the 2015-2016 World Economics Global Competitiveness Report, Nigeria ranked 133rd of 140 countries surveyed for the overall quality of infrastructure; well behind South Africa (59th), Algeria (101st) and Egypt (114th).
- President Muhammadu Buhari has pledged to concentrate on the rapid development of the countrys infrastructure, especially on critical ongoing infrastructure projects in the roads, railways, power and ICT sectors.
Table of Contents
1. EXECUTIVE SUMMARY
2. CONTEXT
2.1. Administrative Divisions
2.2. Political Scene
2.3. Public Finances and Credit Ratings
2.4. Demographics
2.5. Economic Performance
2.6. Construction Output
3. THE STATE OF INFRASTRUCTURE
3.1. Roads
3.2. Railways
3.3. Electricity and Power
3.4. Water and Sewerage
3.5. Communications
3.6. Airports and Other Infrastructure
4. THE COMPETITIVE AND REGULATORY LANDSCAPE
4.1. Roads
4.2. Railways
4.3. Electricity and Power
4.4. Water and Sewerage
4.5. Communications
4.6. Airports and Other Infrastructure
5. INSTITUTIONS AND FINANCING
6. INFRASTRUCTURE CONSTRUCTION
6.1. All Infrastructure
6.1.1. Construction outlook
6.1.2. Project pipeline analysis
6.2. Roads
6.2.1. Construction outlook
6.2.1. Key participants contractors
6.2.2. Key participants consultants
6.2.3. Project pipeline analysis
6.3. Railways
6.3.1. Construction outlook
6.3.2. Key participants contractors
6.3.3. Key participants consultants
6.3.4. Project pipeline analysis
6.4. Electricity and Power
6.4.1. Construction outlook
6.4.2. Key participants contractors
6.4.3. Key participants consultants
6.4.4. Project pipeline analysis
6.5. Water and Sewerage
6.5.1. Construction outlook
6.5.2. Key participants contractors
6.5.3. Key participants consultants
6.5.4. Project pipeline analysis
6.6. Communications Infrastructure
6.6.1. Construction outlook
6.7. Airports and Other Infrastructure
6.7.1. Construction outlook
6.7.2. Key participants contractors
6.7.3. Key participants consultants
6.7.4. Project pipeline analysis
7. APPENDIX
7.1. Definitions
7.2. Methodology
7.3. Further Information
7.4. Disclaimer
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