Jun 1 2010
Research and Markets (http://www.researchandmarkets.com/research/854605/czech_republic_inf) has announced the addition of the "Czech Republic Infrastructure Report Q3 2010" report to their offering.
Czech Republic Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Czech Republic's infrastructure industry.
Following a strong start to 2010, the Czech construction industry has slumped again with quarterly figures showing a drop in industry value for the year. The industry is expected to have value of US$9.9bn compared with US$10.9bn last quarter. Total capital investment has shrunk from US$54.79 in 2008 to US$43.89bn predicted for 2010. Growth is still forecast until 2014, but uncertainty in the political situation limits extensive development as a result the industry is expected to be valued at US$12.7bn in 2014.
Major projects have been dominated by government infrastructure development this quarter. The private sector has also suffered after moves to block privatisation of Prague airport. In March, the Czech lower house overruled a presidential veto on a law banning the privatisation of Ruzyne Airport, Meanwhile in the power sector, the expansion of the Temeln nuclear power plant has proceeded with three firms currently under consideration: Atomstroyexport, in consortium with Skoda JS; Gidropress & Areva; and, Westinghouse. The CZK500bn (US$26.28bn) tender involves construction of the third and fourth blocks of the nuclear plant.
The Czech Republic continues to benefit from a relatively well developed infrastructure which helps to boost its score in the business environment ratings. This quarter it places 5th overall within the Central and Eastern Europe region. The Czech Republic dropped two places in our regional ratings, its score declined to 57.3, from 58.5 previously. This is helped by strong score for limit of potential returns however its score fell slightly for country risk.
Overall the financial crisis had a strongly negative impact on value creation in the industry, in 2009, as economic growth halted and increased political turmoil produced uncertainty in project commissioning and operations. The outlook moving forward is mainly on the upside, but much still depends on the government creating a clear schedule to facilitate private investment in the sector.
Key Topics Covered:
- Executive Summary
- SWOT Analysis
- Market Overview
- Industry Forecast Scenario
- Transport Infrastructure
- Energy and Utilities Infrastructure
- Business Environment
- Project Finance Ratings
- Macroeconomic Outlook
- Political Outlook
- Company Monitor
- Global Overview
- Methodology
Companies Mentioned:
Source: http://www.researchandmarkets.com/