Brazil witnessing Boost in Construction Sector: Ken Research


Posted December 30, 2016 by kenresearch12

Construction activity in Brazil was weak during the review period (2011-2015) following the economic recession, which resulted in a deteriorating business environment,
 
Ken Research has announced recent publication titled “Construction in Brazil, Key Trends and Opportunities to 2020”, analyses Brazil construction sector present and forecast. The report discusses Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type. Further report breakdowns by 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). It also discusses key construction industry issues, including regulation, cost management, funding and pricing.

Key topics covered in this report

Growth analysis of construction in brazil
Governmental initiatives to support Brazilian construction industry
20 largest construction companies in brazil
Opportunities for investers
Brazil Construction Industry Research
Construction Sector Trends Brazil
Brazil Construction Market Forecast
Global Construction Industry Research
Brazil Commercial construction industry
Brazil residential construction market
New Construction Projects Brazil
Brazil construction equipment market
Growth Matrix for Construction Output in Brazil
Brazilian Infrastructure Construction Output

Construction activity in Brazil was weak during 2011-2015 following the economic recession, which resulted in a deteriorating business environment and a reduction in construction activity.The industry is expected to remain under control over the forecast period (2016-2020), though with a slight improvement. The probable persistence of the economic recession until 2017 is expected to hinder the industry's growth during 2016-2017.The industry, however, is expected to recover and record minimal growth from 2018, supported by a gradual recovery in economic conditions and subsequent improvements in investor and consumer confidence.

Government efforts to kick-start economic growth through the implementation of flagship programs such as 'My House, My Life', the Logistics Investment Program, Plano Decenal de Energia 2024 (PDE 2024) and the National Education Plan 2014-2024 are expected to support the industry's growth over the period 2016-2020

Funds from Chinese investors are supporting Brazilian construction industry. In September 2016, the Brazilian and Chinese governments signed a memorandum of understanding for the implementation of projects worth BRL73.2 billion (US$20.0 billion) in Brazil. The Chinese government will invest in infrastructure, energy, manufacturing and mining projects.

In January 2016, the Ministry of Mines and Energy revised the country's solar energy targets as compared to the target planned for 2023, as a part of the new energy plan PDE 2024. Initially, the government announced plans to produce 3,500MW of solar power by 2023. Under the new target, the government is planning to generate 7,000MW of solar energy by 2024. These government initiatives are expected to support the energy and utilities construction market over the forecast period.

To know more on coverage, click on the link

https://www.kenresearch.com/manufacturing-and-construction/infrastructure/construction-brazil-key-trends-opportunities/65442-97.html

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Issued By Ankur Gupta
Website ken Research pvt ltd
Business Address Gurgaon
Country India
Categories Construction
Tags brazil construction equipment market , brazil construction market future , brazil construction market growth , brazil construction market share , brazil construction market size , brazil residential construction market , global construction industry research , new construction projects brazil
Last Updated December 30, 2016