Project Insight - African Transport Networks


Posted August 9, 2019 by tanmayjsb

This report focuses on the African transport networks, particularly road and railway, their current scenario and the vast potential for development as well as sizeable construction project pipelines.

 
JSB Market Research Pvt.Ltd.
Phone: (+91) 7710006748
Email: [email protected]

African Transport Network is tracking 448 large-scale transport projects (road, rail, and bridges) across Africa at all stages of development from announcement to execution with a total investment value of US$430.3 billion. Nigeria, with 49 projects, has the highest number of transport projects in the project pipeline, amounting to US$48.3 billion, while Egypt, with 20 transport projects, has the highest value in the pipeline, amounting to US$52.9 billion

Economic growth in the Africa region remains high, particularly in sub-Saharan Africa (SSA), which has some of the fastest-growing economies in the world. The International Monetary Fund (IMF) and the African Development Bank (AfDB) have both predicted that Africa's overall growth will improve in 2019 and 2020. However, the region's growth prospects continue to be constrained by a lack of infrastructure to support the expansion in trade, both within the region and externally. Closing the infrastructure quantity and quality gap relative to the best performers in the world could increase the growth of GDP per capita by 2.6% per year. Potential growth benefits would come from closing the gap in the transport sector.

is tracking 448 large-scale transport projects (road, rail, and bridges) across Africa at all stages of development, from announcement to execution, with a total investment value of US$430.3 billion. Nigeria, with 49 projects, has the highest number of transport projects in the project pipeline, amounting to US$48.3 billion, while Egypt, with 20 transport projects, has the highest value in the pipeline, amounting to US$52.9 billion, followed by Algeria (30 projects valued at US$37.9 billion), Kenya (27 projects valued at US$31.8 billion), Tunisia (nine projects valued at US$21.2 billion) and Tanzania (20 projects valued at US$16.7 billion). Investment rates in transport infrastructure have been increasing, thanks to major continental initiatives such as Programme for Infrastructure Development in Africa (PIDA) for mobilizing resources to transform Africa through modern infrastructure.
When completed in their entirety, the tracked projects will total over 110,000km in length (54,110km for roads, 55,345km for railway and 599km for bridges) of which 75,297km will be newly constructed, 29,197km will be upgraded and 5,561km will have an element of both construction and upgrade, crisscrossing the African continent.

Across the region, governments have paved the way for public-private partnerships (PPPs) to fund a large proportion of projects in the pipeline. In total, 52.4% of the total project pipeline by value is being publicly driven by African governments allocating funds for constructing new roads and repairing existing ones, whereas 33.3% of the total project pipeline is funded by various joint financing arrangements between the public and private sector. China has made numerous investments across Africa to support its need for resources becoming a major financier of key transport projects in the region. At least five African countries have had their railway systems funded by China: Kenya, Ethiopia, Angola, Djibouti, and Nigeria.

Based on the pipeline of projects tracked by, Chinese contractors are involved in road and railway projects that account for 21.3% of the overall project pipeline value. Other main foreign contractors are headquartered in France (accounting for 17.7%), Turkey (accounting for 8.2%) and the UK (accounting for 3.4%). Through various subsidiaries, the China Railway Construction Corporation Ltd holds a leading position in terms of Chinese involvement in the project pipeline. In total, the company has been or remains involved in projects that have a total construction value of close to US$47.3 billion; it is followed by Power Construction Corporation of China (US$12.18 billion) and China Communications Construction Corporation (US$9.4 billion).

The March 2018 agreement to establish the African Continental Free Trade Area is a game-changer in the continent's ambition to boost intra-African trade and spur economic development. On May 30th, 2019, 22 African countries ratified the agreement, with Nigeria - Africas largest and most populous economy - close to signing the agreement. This landmark agreement embraces more than a billion people and a collective GDP of over US$2 trillion and includes most of Africas largest economies, including South Africa and Egypt. Future freight transport demand in Africa is tied to growth in international trade, which is expected to grow sevenfold to 3.6 billion metric tons over the next 30 years, as countries increase the value-added of their exports through processing, consumers with rising incomes import more expensive goods, and manufacturing and mining businesses import more expensive processing equipment. With this emphasis on regional integration, African governments continue to think beyond development within borderlines. This has placed the focus on the development of regional economic corridors, interlinking highways, railways, and ports in the region, hence providing connectivity between international, national and rural networks. Tracking nine major corridors with 26 roads and railways that are being proposed or are underway with a combined value of US$93.1 billion have a variety of proponents, including national governments, donors and private lenders.

Scope :
- This report focuses on the transport sector in Africa, particularly road and railway, their current scenario and the vast potential for development as well as sizeable construction project pipelines.

Reasons to buy :
- Gain insight into the key transport construction projects in Africa by the construction sector (road, bridge, and railway), and stage.
- Assess the current situation of road and railway in Africa and construction investment in those sectors and financing methods.
- Understand the main trends driving overall construction growth.
- Identify top projects by sector, leading contractors and development stage to better understand the competitive environment and inform your expansion strategy.


Related Reports
1. 2018 Global Optical Transport Networks Industry Report - History, Present, and Future

2. MRI Magnets Market Insights 2019, Global and Chinese Analysis and Forecast to 2024

3. Multilayer Wood Flooring Market Insights 2019, Global and Chinese Analysis and Forecast to 2024

About Us:
JSB market research is one of the most significant databases of online market research and intelligence reports and services. We specialize in providing market research reports for various industries. The online portal for marketing research deals with access to global market data and assists in providing expert.

Contact Us:
JSB Market Research
Phone: +917710006748
Website: www.jsbmarketresearch.com
Email: [email protected]
Category: Construction Market Research Reports
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By JSB MARKET RESEARCH
Phone 7710006748
Business Address MUMBAI
Country India
Categories Construction
Tags african transport market network , african transport market opportunities , african transport market research report , construction industry research , market report on african transport , research report on african transport , transport market in africa
Last Updated August 9, 2019