Price: $ 1295 
BMI View: Our infrastructure and construction sector forecasts remain overwhelmingly dependent on relations between Sudan and South Sudan, which remain tense despite the resumption of the flow of oil between them. We do not envisage a return to growth for Sudan and South Sudan in these ailing sectors until 2015, with a hefty contraction of 22.2% anticipated for 2013. It will take many months before oil revenues - both for South Sudan, in terms of export receipts, and Sudan, in terms of pipeline royalties - reach significant levels, and it will take even longer for those revenues to find their way into infrastructure projects. ...
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