Construction in Kuwait - Key Trends, Size, Shares and Opportunities to 2020

The Kuwaiti construction industry will continue to expand in real terms over the forecast period (2016–2020), with investments in infrastructure construction, healthcare, industry, educational facilities and housing projects continuing to drive growth.

Growth will also be driven by the country’s Vision 2035, under which the government aims to develop the country’s road, rail, airport and related infrastructure

The industry’s output value rose at a compound annual growth rate (CAGR) of 5.23% in real terms, during the review period (2011–2015), and is forecast to accelerate to 6.44% over the forecast period, as a result of government focus on infrastructure development.

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There are risks associated with Kuwait’s construction industry outlook. Low oil prices and the poor business environment will undermine growth prospects during the early part of the forecast period. The country generates 95% of its total export earnings from the oil and gas sector." "Timetric’s Construction in Kuwait – Key Trends and Opportunities to 2020 report provides detailed market analysis, information and insights into the Kuwaiti construction industry including:

• Kuwaiti construction industry's growth prospects by market, project type and construction activity
• Analysis of equipment, material and service costs for each project type in Kuwait 
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Kuwaiti construction industry
• Profiles of the leading operators in the Kuwaiti construction industry
• Data highlights of the largest construction projects in Kuwait