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Brazil witnessing Boost in Construction Sector: Ken Research by Ankur Gupta





Article Author Biography
Brazil witnessing Boost in Construction Sector: Ken Research by
Article Posted: 12/29/2016
Article Views: 301
Articles Written: 1063
Word Count: 471
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Brazil witnessing Boost in Construction Sector: Ken Research


 
Construction
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

Related Reports

Global Dry Construction Market Status, 2011-2022 Market Historical and Forecasts, Professional Market Research Report

Global Construction Composites Market Status, 2011-2022 Market Historical and Forecasts, Professional Market Research Report

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

query@kenresearch.com

+91-124-4230204

Related Articles - Global Construction Industry Research, Brazil Commercial construction industry, Brazil residential construction market, New Construction Projects Braz,

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