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Reviews for Singapore-Construction-Market-Advancements---Opportunities-2018
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Date Created: 12/21/15
Construction in Singapore – Key Trends and Opportunities to 2018 Synopsis This report provides detailed market analysis, information and insights into Singapore’s construction industry including: Singapore’s construction industry's growth prospects by market, project type and type of construction activity Analysis of equipment, material and service costs across each project type within Singapore Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Singapore’s construction industry Profiles of the leading operators in Singapore’s construction industry. Data highlights of the largest construction projects in Singapore Complete Report Available at http://marketreportsstore.com/construction-in-singapore-key-trends- and-opportunities-to-2018/ . Summary Singapore’s construction industry recorded a nominal compound annual growth rate (CAGR) of 2.64% during the review period (2009–2013), with growth being driven primarily by industrial, infrastructure and residential construction activities, which collectively generated 78.0% of the industry’s total value in 2013. The outlook for construction is favorable, as a result of the government’s focus on major infrastructure and residential construction activities. Higher demand for institutional projects and investments in commercial and industrial projects will also support the construction industry, with the country’s rise as an economic hub. The construction industry’s output is therefore expected to record a forecast-period (2013–2018) CAGR of 4.91%. Scope This report provides a comprehensive analysis of the construction industry in Singapore. It provides: Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Singapore using construction output and value-add methods Segmentation by sector (commercial, industrial, infrastructure, 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 Singapore Inquire for discount @ http://marketreportsstore.com/discount/?rname=19724 . (Original Price USD 1950) Construction in Singapore – Key Trends and Opportunities to 2018 Key highlights According to the Building and Construction Authority (BCA), which develops and regulates Singapore’s building and construction industry, total construction demand (the value of construction contracts awarded) increased from SGD30.8 billion (US$24.6 billion) in 2012 to SGD35.8 billion (US$28.6 billion) in 2013, while construction output reached SGD33.0 billion (US$26.4 billion) in the same year. Of the total value awarded in 2013, the value of contracts for the public sector was 14.8 billion (US$11.8 billion), while for the private sector it was SGD21.0 billion (US$16.8 billion). Singapore has become one of Asia’s leading petrochemical and refining hubs. It does not have any domestic oil reserves, and depends on crude oil imports to meet the growing demand for petrochemical products, supporting growth of the petrochemical and refining sector. The government is promoting long-term growth in its refining capacity to maintain the country’s leading position in refining and oil trading, and offers tax breaks to companies investing in the petrochemical sector. Growth in the refinery buildings category will be driven by rising demand over the forecast period, and the country’s efforts to remain competitive in the refining sector. According to the National Environment Agency (NEA), the amount of solid waste generated in the country increased from 7.3 million tonnes in 2012 to 7.9 million tonnes in 2013. The government aims to achieve a recycling rate of 65% by 2020, and 70% by 2030; this is likely to attract large-scale investment in the waste-processing plants category over the forecast period. In 2013, Sembcorp industries, a leading energy, water and marine group based in Singapore, announced plans to invest SGD250 million (US$200.0 million) to construct a waste-to-energy plant that will produce 140 tonnes of steam per hour from commercial and industrial waste. Buy a Copy of the Report at http://marketreportsstore.com/purchase?rname=19724 . For more reports click Construction Contact firstname.lastname@example.org / Call +1 888 391 5441 for further information on “Construction in Singapore – Key Trends and Opportunities to 2018” report OR for any other market research and intelligence needs you may have for your business.
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