Analysis of Construction in Portugal - Key Trends and Opportunities to 2020 including Regulation, Cost Management, Funding & Pricing

Albany, New York, July 26, 2017 : Recent research and the current scenario as well as future market potential of " Construction in Portugal : Insights, Development, Research and Forecast 2017 " globally.

After average annual growth of -7.7% during 20082014, the Portuguese construction industry finally rebounded in 2015, and registered a growth rate of 2.7% in real terms. The recovery is expected to persist over the forecast period (20162020), with investments in infrastructure construction, the manufacturing industry, educational and healthcare facilities, and housing projects continuing to drive growth.

Investments in the Portugal 2020 operational program will also support growth in the industry over the forecast period.

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The government aims to develop the countrys infrastructure with help of international banks. In 2015, the European Investment Bank (EIB) sanctioned a loan of EUR70.0 million (US$77.8 million) to develop energy and water infrastructure in the Lisbon area.

In real terms, the industrys output value is forecast to rise at a compound annual growth rate (CAGR) of 3.28% over the forecast period, up from -8.52% during the review period (20112015).

Summary
Timetrics Construction in Portugal Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Portuguese construction industry, including:

The Portuguese construction industry's growth prospects by market, project type and construction activity

Analysis of equipment, material and service costs for each project type in Portugal

Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Portuguese construction industry

Profiles of the leading operators in the Portuguese construction industry

Data highlights of the largest construction projects in Portugal

Scope
This report provides a comprehensive analysis of the construction industry in Portugal It provides:

Historical (2011-2015) and forecast (2016-2020) valuations of the construction industry in Portugal 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 Portugal

Reasons 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.

Key Highlights
The construction industry is expected to benefit from the government plan to develop the countrys infrastructure under the Partnership Agreement with European Commission (EC) for 20142020. Under this agreement, the EC allocated EUR21.5 billion (US$28.5 billion) in 2015 to develop rural areas of the country, and invest in youth employment initiatives by 2020.

The government aims to develop state of the art freight transport infrastructure in the country. Accordingly, it plans to invest EUR2.7 billion (US$3.6 billion) on the expansion of a rail network across the country by 2020. Government investments in freight transport infrastructure are expected to drive growth in the infrastructure construction market over the forecast period.

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The governments aim to increase the share of renewable energy in the countrys total energy mix is expected to drive growth in the energy and utilities construction market over the forecast period. Under the PNAER, the government aims to generate 31.0% of the countrys total energy demand through renewable sources by 2020.

To support economic development and growth, the government is expanding the broadband network across the country. Under the National Broadband Strategy 2020, the government aims to equip all households with 30Mbps internet speed, and it aims to provide 100Mbps internet speed to 50% of total population by 2020. This will support construction activity in the telecommunications category.

The governments focus on providing affordable houses via social housing programs is expected to drive growth in the residential construction market over the forecast period. In 2015, the government launched O program Reabilitar para Arrendar Habitao Acessvel, a rental rehabilitation program, with an investment of EUR50.0 million (US$55.5 million). The government will provide financial assistance to both public and private developers of affordable houses, with an aim to increase the number of affordable houses in the country by 2018.

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