Construction in Tunisia Market to Grow at a CAGR of 5.93% through 2022

PUNE, MAHARASHTRA, INDIA, April 25, 2018 / -- Construction in Tunisia


Construction activity in Tunisia was weak in 2017 due to a depressed economic environment, political instability, low oil prices and declining government reserves. Moreover, the depreciation of the Tunisian dinar against the US dollar also attributed to the decline. Limited business confidence and ongoing security issues therefore had a negative impact on the economy, including the construction industry; consequently, the construction industry contracted by 0.7% in 2017 in real terms. 

Over the forecast period (2018–2022), the industry is expected to pick up pace supported by investments in public infrastructure, residential and renewable energy projects. Government flagship programs such as Tunisia 2020, the five-year development plan, and Renewable Energy Action Plan 2030 are expected to add momentum to the industry’s growth. 

In addition, significant financial assistance from international organizations such as the World Bank and the European Investment Bank are expected to support the industry’s expansion over the forecast period. 

The industry’s output value in real terms is expected to register a compound annual growth rate of 3.03% over the forecast period, compared to 0.15% during the review period.

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The Tunisian construction industry's growth prospects by market, project type and construction activity
Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Tunisian construction industry
Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Reasons To Buy 
• Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

Assess market growth potential at a micro-level with over 600 time-series data forecasts.
Understand the latest industry and market trends.
Formulate and validate strategy using Timetric's critical and actionable insight.
Assess business risks, including cost, regulatory and competitive pressures.
Evaluate competitive risk and success factors.
Key Highlights 
• Under the Tunisia 2020 national five-year development plan, the government plans to develop several large scale projects in the transport, tourism, energy and utilities, education, healthcare, communication, industrial and housing sectors until 2020. The program involves a total budget of TND127.8 billion (US$60.0 billion), of which TND53.3 billion (US$25.0 billion) will be provided by the government.

The government’s focus on renewable energy infrastructure is expected to drive the growth of the energy and utilities construction market over the forecast period. Under the Renewable Energy Action Plan 2030, the government plans to install 1.0GW of renewable energy infrastructure during 2018–2020, and 1.3GW of renewable power plants during 2021–2030.
The total construction project pipeline in Tunisia as tracked by the Construction Intelligence Center, including all mega projects with a value above US$25 million, stands at TND112.4 billion (US$46.4 billion). The pipeline, which includes all projects from pre-planning to execution, is heavily skewed to early stage projects, with 82.4% of the pipeline value is being in the pre-planning and planning stages as of April 2018.

  Table of Contents 

Table of Contents 
1 Executive Summary 
2 Construction Outlook: At-a-glance 
3 Latest News and Indicators 
4 Key Drivers and Risks 
    4.1 Economic Performance 
    4.2 Political Environment 
    4.3 Demographics 
    4.4 Risk Profile 
5 Construction Outlook 
    5.1 All Construction 
      5.1.1 Outlook 
      5.1.2 Project analytics 
    5.2 Commercial Construction 
      5.2.1 Outlook 
      5.2.2 Project analytics 
    5.3 Industrial Construction 
      5.3.1 Outlook 
      5.3.2 Project analytics  


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