Between 2008 and 2012 the Tunisian construction
industry grew at a CAGR of 5.58% and valued TND8.9 billion (US$5.7 billion) in
2012. This was supported by private and public investments in infrastructural,
residential, industrial and commercial construction projects. Despite some challenges,
the outlook for the country’s construction industry is favourable as a result
of the government’s commitment to improving the country’s infrastructure and
meeting the rising demand for residential units. It is expected that the
Tunisian construction industry’s output will reach a value of TND11.3 billion
(US$7.2 billion) by 2017, after recording a CAGR of 4.85% by 2017.
The commercial construction market accounted for
11.2% of total construction output and valued TND1 billion (US$640.6 million)
in 2012, registering a CAGR of 4.72% between 2008 and 2012. The office and
retail buildings category were the key drivers for growth in the market. The
commercial construction market will be supported by growth both in the retail
sector and the expanding Business Process Outsourcing (BPO) industry between
2012 and 2017.
Complete
Report @ http://www.rnrmarketresearch.com/construction-in-tunisia-key-trends-and-opportunities-to-2017-market-report.html
Industrial construction was the third largest
market in the Tunisian construction industry in 2012, accounting for 13.6% of
the total industry value and recording a CAGR of 5.35% (2008 – 2012). This
growth was supported by the manufacturing plants and chemicals &
pharmaceuticals plants categories and the modernization of the Bizerte
refinery. The Tunisian government’s investment-code reforms and the
construction of the first private oil refinery in the country will encourage
growth between 2013 and 2017.
Infrastructure construction is projected to
continue to expand in the same period of time, mainly driven by investments in
road and rail infrastructure. Institutional construction was the smallest
market in the Tunisian construction industry, accounting for 4% of the overall
industry value in 2012. In the period between 2008 and 2012, the market was
driven by the healthcare buildings and educational buildings categories. The
government’s commitment to increasing expenditure and pursuing quality
development in healthcare and education is expected to support the
institutional construction market in the run up to 2017.
Reasons
to buy
- Gain an overview of the market including price dynamics, demographic profiles and key construction indicators.
- Understand the construction market in Tunisia by reviewing the commercial, industrial, infrastructural, institutional and residential sectors.
- Get the upper hand on your competitors by obtaining numerous company profiles of some of the top Tunisian construction companies.
- Enhance your business using Timetric’s market data analysis for the different sectors of the Tunisian construction market.
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