Price: $ 1295
BMI View: Kazakhstan continues to see investment pour into its construction and infrastructure sector as opportunities abound in the oil-rich country. Growth of 5.0% year-on-year is expected in 2013 rising, to 8.7% in 2014. Over the 10-year forecast period to 2022, we expect the industry value to triple, rising from US$14.3bn in 2013 to US$43.4bn by 2022. Long-term political stability is the only major threat however; we caution that Kazakhstan remains vulnerable to external demand dynamics and that political uncertainty could yet threaten economic growth. Key developments in the sector: ? DP World has announced that it will develop a new free economic zone in Kazakhstan. DP World will develop the Khorgos-Eastern Gates zone and Aktau port in order to establish the largest logistics centre ...
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