BMI View: Construction industry growth in Angola will remain sluggish until 2020 as budgetary pressures
weigh on the government's ability to finance infrastructure development. Keeping growth in positive
territory over the short term is China's continued involvement i ..."
BMI View: Construction industry growth will be sluggish over the short term as the weak commodities
outlook weighs on the budget balance and hampers the government's ability to boost construction activity.
We expect significant movement after 2020, in line with improv ..."
BMI View: The Angolan government will struggle to devote significant financial attention to its key
infrastructure projects over 2016 given the wide fiscal deficit and decreased revenues owing to low oil
prices. We expect a substantial uptick in growth for the constru ..."
BMI View: Angola's construction industry will average annual growth of 5.1% in real terms over our 10-
year-forecast period, driven primarily by investment in the country's residential and non-residential sector,
as well as into power generation and freight infrastruc ..."
BMI View: Angola's construction industry growth will trend substantially lower over the coming five years
compared to the previous period as low oil prices impact fiscal spending on infrastructure. Chinese capital
will become even more central to supporting infrastruc ..."
BMI View: Lower oil prices have seen a significant downgrade in Angola's construction sector real growth
forecasts. Lower government revenues, macroeconomic headwinds and less capital expenditure in the oil
sector will see opportunities reduce significantly in scope. ..."
BMI View: We have significantly altered our forecast for Angola's construction sector this quarter in light
of lower oil prices. The country has cut a significant amount from the budget and has suspended all road
construction. The main impact of these changes will be ..."
BMI View: Following a downgrade to our construction sector outlook last quarter, we are maintaining our
view for growth to be robust, but below average. Threats to government investment in infrastructure due to
capacity constraints and growing fiscal pressure are the primary dr ..."
BMI View: Despite growing concerns over weakness in the broader Angolan economy, we are maintaining
our positive outlook for growth in the country's construction sector, which continues to report strong
activity. The FY2014 budget allocates one-third of its USD55bn in ..."
BMI View: Angola's construction sector is experiencing a boom, as the government focuses its efforts on
improving both social and economic infrastructure. The FY2014 budget allocates a third of its US$55bn in
spending to infrastructure and social projects and compleme ..."