Consumer durables is a cataloguing of consumer goods that are not essential to be bought very often as they are fashioned in a way so as to last for an extended period of time. Profits in the consumer durables sector were most profoundly…
BMI View: Norway's construction sector is supported by a solid major project pipeline, government
commitment to infrastructure spending and a strong investment environment. However, a long-term picture
of slowing hydrocarbons revenues and a transitioning economy will pose limitations to construction
? Construction industry growth will average 2.6% to 2025, which is commendable given hydrocarbon
industry-related economic headwinds.
? Construction and infrastructure activity will remain upbeat owing to considerable government spending
power and commitment, as well as a favourable investment environment.
? The 2016 budget outlines significant spending on infrastructure as a pillar for long-term economic
diversification. We expect the same in future budgets.
? There is significant opportunity in power transmission development in Norway, as the country seeks to
distribute new capacity and leverage greater regional interconnectivity.
? The National Transport Plan 2014-2023 set out proposals for NOK168bn of investment in the rail
network, including expanding the inter-city network originating in Oslo and introducing high-speed