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"Kazakhstan Infrastructure Report Q2 2016" is now available at Fast Market Research.

[USPRwire, Thu Apr 07 2016] Kazakhstan is facing strong economic headwi n ds from falling oil prices and a devaluing currency. Nevertheless, i nfrastructure investment is viewed as part of the long-term plan to diversify the economy and holds significant long-term potential, especially in the rail and energy industries. The government is also pledging significant funds towards residential construction for 2016-2020.

Latest Updates And Structural Trends

Growth in the construction industry will average 5.8% over our 10-year forecast to 2025, with the possibility for this to improve towards the end of this period.

President Nazarbayev announced USD5bn in additional funding from the SWF and pension fund, with much of it allocated to affordable housing construction.

Full Report Details at


Residential building starts grew 18.9% y-o-y in 2015, while investment in house building in tenge terms grew 17.2% in 2015, pointing to the fact that economic headwinds are yet to filter down through the economy, while government spending provides buoyancy.

Having downgraded our forecasts for the Kazakh tenge and oil price in 2016, we have also downgraded our forecast for real GDP growth to 1.0% from 1.6% previously.

Risk/Reward Index

The overall RRI fell to 50.4 out of 100 from 51.4 previously, which is below the regional average of 55.3, which is also an increase on the previous quarter.

The country's score is weighed down by its performance in the Risks category, where it scores 42.0, a slight uptick on the previous quarter thanks to improvements in its Country Risk score.

The Rewards score falls to 53.9 from 55.6 due to a weakening Industry Rewards score, which is being affected by weakening investment amid economic headwinds.

The Kazakhstan Infrastructure Report features BMI Research's market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Kazakhstan Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Kazakhstani infrastructure and construction industry.

Key Benefits

Benchmark BMI's independent infrastructure industry forecasts for Kazakhstan to test other views - a key input for successful budgetary and planning in the Kazakhstani infrastructure market.

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Geographic Code:9KAZA
Date:Apr 7, 2016
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