Monday, January 16, 2017

Significant Investments in R&D for Seed Development and Rising Hybridization of Seed to Shape Seed Industry in Philippines: Ken Research

  • The seeds industry in Philippines has been characterized by significant investment in R&D to develop seeds with improved genetic traits and better pest resistance.
  • Rising government support in the country owing to the increasing demand of crops from the rising population. Government has taken various initiatives to encourage farmers for using hybrid seeds in the country for multiple crops.
  • The leading players in Philippines Seed Industry are East West Seeds, SL Agritech, Allied Botanical Corporation, Syngenta, Pioneer Hi-Bred, Monsanto, Kaneko Seeds, Bayer Crop Science and others.
Ken Research announced its latest publication on “Philippines Seed Industry Outlook to 2021- Rising Government Support to Improve Agriculture Sector with Demand for Hybrid Seed to Foster Growth” which provides a comprehensive analysis of seed Industry in Philippines. The report covers market size, segmentation on the basis of hybrid and non-hybrid seeds and vegetable & non-vegetable seeds. The report also covers market in different aspects such as import and export of seeds, market share of major players by different seeds and company profiles for major players in Philippines seed market. The report provides detailed overview on future outlook & projections with analyst recommendations for the industry.


The Philippines seed industry has witnessed a resilient growth in past five years and it has also been anticipated that the seed industry will increase at a CAGR of 4% during the period 2017-2021. The growing population in the country will increase the demand for vegetables and other crops, resulting in the increasing demand for the cultivation of vegetable and non-vegetable crops. The seed industry has become highly competitive, with organized players gaining market share on the back of their strong R&D and financial strength. Currently, the industry is highly vibrant and energetic and is well recognized in the international seed arena. Several developing and neighboring countries have benefited from quality seed imports from Philippines.
The future of the Philippines seed industry is promising on account of impelling demand due to increased subsidies and renewed government policies on the usage of high yielding varieties, thereby leading to an increased productivity in the seed market. Hybrid seed market will witness a robust growth in terms of revenues in the country. The rising awareness about the benefits of using hybrid seeds in the country will accelerate the demand for hybrid seeds. Hybrid seeds have significant benefits in terms of yield improvement, agronomic performance and consistency of end-use quality and several other benefits. The government initiatives to meet the rising food demand and decreasing agricultural land will trigger the demand of high yield hybrid seeds for various vegetable and non-vegetable crops.
“Improving access and utilization of market information, cost-containing production technologies, and adherence to Good Agricultural Practice (GAP) specifications can improve market prospects. Better transport infrastructure, information access, and IT communication and utilities can underpin system streamlining and supply chain improvement to enhance trade. Furthermore, Investment and upgradation of wholesale market infrastructure should be focused to improve cost control and to reduce losses in domestic trade” according to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
  • Philippines Seed Market Genesis and Current Scenario
  • Value Chain Analysis in Philippines Seed Sector
  • Philippines Seed Market Size
  • Philippines Seed Market Segmentation
  • Trade Scenario for Philippines Seed Market
  • Pricing Analysis for Different Seeds in Philippines
  • SWOT Analysis in Philippines Seed Market
  • Trends and Developments in Philippines Seed Market
  • Government Role and Regulations in Philippines Seed Market
  • Major Developments for Different Seeds in Philippines
  • Issues and Challenges in Philippines Seed Market
  • Market Share of Major Players in Philippines Seed Market, 2016
  • Company Profiles for Major Players in Philippines Seed Market
  • Philippines Seed Market Future Outlook and Projections
  • Macroeconomic Factors affecting Philippines Seed Market
  • Seed Quality Philippines
  • Competition Bayer Philippines Seed
  • Seed Replacement Rate Philippines
  • Seed Production Statistics
  • Philippines Seed Industry
  • Seed Area Production Rice Philippines
  • Philippines Seed Future
  • Trends and development in Seed Market
  • Market Size Seed
  • Monsanto Market Share Philippines
  • Philippines Rice Seed Market
  • Cabbage Seed Market Size
  • East West Seed Philippines Growth
  • Seed market Genesis
Key Products Mentioned in the Report
  • Hybrid Seeds
  • Non Hybrid Seeds
  • Vegetable Seeds
  • Hybrid Vegetable Seeds
  • Non-Vegetable Seeds
  • Rice Seeds
  • Hybrid Rice Seeds
  • Corn Seeds
  • Hybrid Corn Seeds
  • Onion Seeds
  • Eggplant Seeds
  • Cabbage Seeds
  • Garlic Seeds
Companies Covered in the Report
  • East West Seeds
  • SL Agritech
  • Allied Botanical Corporation
  • Syngenta
  • Pioneer Hi-Bred
  • Monsanto
  • Kaneko Seeds
  • Bayer Crop Science
For more information about the publication, refer to the following link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/philippinesp-seed-industry-report/80167-104.html
Related Reports:
India Seed Coating Market Outlook to 2021 - Surge in Seed Production and Demand for Polymer Coatings to Shape Future
Thailand Seed Industry Outlook to 2018 - Government Support and Technological Advancement to Escalate Productivity
India Seed Market Outlook to FY’2020 – Rapid Hybridization and Increased Government Support to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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Location: Philippians, Taytay, Rizal, Philippines

Growing Efforts for Marketing of Car Exchange Leading to Increasing Exchange Contribution to New Car Sales in India: Ken Research

The report titled “Case Study-Premium Car Exchange Market in India- Focus on Audi, BMW and Mercedes with Concentration on Marketing Initiatives” provides detailed overview on the Premium car exchange business in India. This report helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for premium car manufacturers, authorized and unauthorized used car dealers, service centers, online portals and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
Luxury car manufacturers and thereby the car dealers have put dedicated efforts towards marketing and promotion of their new product launches as well as incentive schemes for the buyers. However, the companies have divested their focus to promote exchange business as well. There are couples of factors that have led the dealers to enhance focus on exchange business
  1. The luxury car companies have instigated separate department for pre owned car segment, which deals with purchase and sales of used car as well as exchange business. This segment tends to generate higher profit margin for the dealers, as the dealer sell the car at a higher price after the repair.
  2. The luxury car manufacturers in the wake of rising competition have increased the launch of newer car models. This has led to surge in preference for car upgrade.
The mode of communication for the car exchange at the dealer level is made through below the line advertisement (BTL) and direct communication with the customer. Each dealer for the luxury car brand always has a target for new car and used car sales, which they have to achieve. High customer acquisition costs motivate dealers to convert store traffic to sales using aggressive tactics that extract differential margins based on customers' willingness to pay.
car-exchanging-market
A new trend which has been launched in premium passenger car market is the exchange scheme launched by car makers. Before 2014, the sale of new cars through exchange of existing cars was not approved by Audi India and hence the exchange was made at the dealer level without any support from company with no separate pre owned department existing in the space for Audi. During 2014, the company launched a separate pre owned department for Audi named as Audi Approved plus, which was held responsible to look for the car exchange and pre owned cars.
Mercedes has relatively higher growth of exchange business primarily due to attractive and the highest exchange bonus which are passed to the customers. Currently, Mercedes is offering a cash discount as exchange bonus to the customers who wish to trade in their car to buy newer one. Out of this bonus, 50% is only provided if the customer purchase car through finance.
BMW, in lieu to grow their exchange business offers cash exchange bonus to the customer who wishes to trade in their existing car. The company offers the option to the consumer that allows returning the vehicle. If the trade-in valuation is higher than the Assured Buyback, the balance is used towards the purchase of newer BMW car.
Key Factors Considered in the Report
Dealer Structure Audi
Business Growth Car Exchange
Audi Number of Cars Exchanged
Customer Interface Car Exchange
Exchange Contribution to New Sales
Number of Premium Cars Exchanged
Ownership Period of Premium Cars India
Organization Structure Car Exchange Team
India Premium Car Exchange Market Share
Qualification for Employees in Car Exchange Team
For more information about the publication, refer to below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Rising Seed Production & Food Security Coupled with Sustainable Rice and Corn Production to Support Seed Sector in Philippines: Ken Research

The Philippines government has taken number of steps to assure the quality of the seeds to be distributed and to strengthen food security in the country. The seed producers have to take certification from the government in order to distribute the seeds in the market. Furthermore, the food inspectors of the government organizations do a quality assurance of the field where the seeds are developed. This has increased the food security and improved the quality of the seeds used in the country over the past few years.




Aligning with the rising food security, the production for rice and corn has also enhanced. Rising pressure on the production of rice owing to the growing population, diminishing growth rate of rice production area, leveling-off of rice yield have increased the pressure on the manufacturers of the rice in the country. It has been also anticipated that the population will further increase which will increase the demand of rice by 40-50% as compared to the current demand. Hybrid rice is more efficient and it also increases the productivity and quality of the rice. Hybrid Seeds offer a major advantage in terms of increased yield of up to 100%. Additionally, single cross hybrid seeds offer benefits in terms of better planning and easier handling of seed production as against the multi-parent cross variety of seeds. Owing to the high prices of single cross hybrid seeds, their increased adoption by various private seed companies has escalated the revenues of the Philippines seed industry.
Production of corn has also magnified in the last few years. Corn is the second most important crop in the Philippines. Yellow corn is mainly used and traded as raw material for animal feeds (almost 70% of the annual national corn production). During the last four decades, marked developments were made in terms of the provision of various corn seed technologies in Philippines. Majority of the farmers in the country are adopting modern technology to grow corn to meet the rising demand for the corn. The modern technologies used in the production of corn provide ample of benefits in the production.
The seed supply system in Philippines has a direct correlation with the research sector indulged in seed variety development phase. The research system in Philippines is of little relevance because seed varieties which are introduced do not correspond with the farmers’ need and on farm improved seed production is not strengthened.
In line with the major trends which have governed the seed industry in Philippines, there are few challenges as well that has undermined the growth. Poor adaptation of new varieties to most farmer conditions, lack of on-farm variety testing for farmer evaluation and a large number of seed varieties available in the market makes it difficult for the farmer to choose. These factors have constrained the growth of seed industry in Philippines. Additionally, in certain cases, national breeding programs remain unrelated to the actual needs of farmers, and this implies the cause for large quantity of seed or vegetative propagated material imported for certain crops.

The report titled “Philippines Seed Market Outlook to 2021” provides detailed overview on the Seed market in Philippines. This report helps reader to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for seed manufacturers, seed coating companies, fertilizers companies, pesticides and crop protection chemical companies, agricultural department and ministries and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
For more information about the publication, refer to the following link:
https://www.kenresearch.com/agriculture-and-animal-care/seed/philippinesp-seed-industry-report/80167-104.html
Related Reports:
India Seed Coating Market Outlook to 2021 - Surge in Seed Production and Demand for Polymer Coatings to Shape Future
Thailand Seed Industry Outlook to 2018 - Government Support and Technological Advancement to Escalate Productivity
India Seed Market Outlook to FY’2020 – Rapid Hybridization and Increased Government Support to Foster Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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Location: Philippians, Taytay, Rizal, Philippines

Friday, January 13, 2017

Africa Telemedicine Industry Analysis: Ken Research

Albeit recent improvements in the country’s health care services; the health of large proportion of Africans is still not at par. The continent is deprived of basic healthcare conditions which could be justified by the basic indicators of health such as high child and maternal mortality rates, low birth weights of the children, and poor sanitation and healthcare access.
These problems are combined with lack of high quality network infrastructure, which also eliminates the possibility of better healthcare opportunities with the help of telemedicine. Most African countries have poor broadband and internet infrastructure which is critical for the roll out of telediagnosis, teleconsultation, teletreatment and telemonitoring through teleclinics. The countries are in urgent need for upgradation of information and communication (ICT) tools to improve the digital environment and enable the feasibility of electronic healthcare. Some countries such as South Africa and Ethiopia have made significant progress in their ICT infrastructure whereas countries such as Burkina Faso and Nigeria have been slow in implementing changes due to lack of political will.
telemedicine-industry
Government of Kenya launched its first phase of the National Telemedicine Initiative in year 2013, which aims to improve access to better healthcare for economically challenged people and people living in rural regions of the country. The telemedicine program is planned to provide a platform that will be capable to help patients and healthcare providers residing in rural areas to have interaction with healthcare experts at Kenya’s main referral hospital, Kenyatta National Hospital (KNH) with the help of videoconferencing.
mHealth can help in providing primary healthcare services to low income medical insurance holders and can assist in curbing the inequality across public and private healthcare services. In 2015, it was recorded that only 14% of the South African population had access to 57% of the total health expenditure of South Africa, which clearly advocates the inequality scenario.
Amongst all the African states, Nigeria has one of the highest numbers of health professionals; however the availability of the midwives and nurses is still low which implicates the lack of primary healthcare delivery. Moreover the health professionals are cluttered in the urban areas in southern part of country mainly in Lagos, providing tertiary health care facilities.
Most of the healthcare services are provided by the government in Ghana and Ghana Health Services (GHS). The complete healthcare scenario has five levels of providers: health posts which are first level primary care for rural areas, health centers and clinics, district hospitals, regional hospitals, and tertiary hospitals.
Key Factors Considered in the Report
  • South Africa Ehealth Market
  • Telemedicine Industry Trends
  • Telehealth industry statistics
  • Healthcare IT Market in Africa
  • E-Health Market Growth Africa
  • Case Study Telemedicine Africa
  • Potential Telemedicine in Africa
  • MHealth Industry Growth in Africa
  • E-health industry ICT Government
  • M-Health Industry Performance Africa
  • Primary Healthcare Services Online Africa
For more information on the market research report please refer to the below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Africa Telemedicine Future Outlook and opportunities: Ken Research

What is the Current Scenario of Healthcare in Africa?
Albeit recent improvements in the country’s health care services; the health of large proportion of Africans is still not at par. Sub-Saharan Africa is home of ~% of the global population; however, it carries ~% of the world’s disease burden. The continent is deprived of basic healthcare conditions which could be justified by the basic indicators of health such as high child and maternal mortality rates, low birth weights of the children, and poor sanitation and healthcare access. Moreover, Africa has only ~ physicians per 1,000 people as of 2014 despite of the presence of widespread communicable diseases.
telemedicine-market-size-750x375
These problems are combined with lack of high quality network infrastructure, which also eliminates the possibility of better healthcare opportunities with the help of telemedicine. Most African countries have poor broadband and internet infrastructure which is critical for the roll out of telediagnosis, teleconsultation, teletreatment and telemonitoring through teleclinics. The countries are in urgent need for upgradation of information and communication (ICT) tools to improve the digital environment and enable the feasibility of electronic healthcare. Some countries such as South Africa and Ethiopia have made significant progress in their ICT infrastructure whereas countries such as Burkina Faso and Nigeria have been slow in implementing changes due to lack of political will.
Over that, installing equipment for facilitating e-diagnosis requires heavy investment, which surfaces as a hindrance for companies to venture into this space. Moreover, healthcare professionals don’t prefer to take the risk of utilizing substandard medical instruments for the same, as it could lead to misdiagnosis through unclear images and even lead to malpractice suits.
Telemedicine So Far
Government of Kenya launched its first phase of the National Telemedicine Initiative in year 2013, which aims to improve access to better healthcare for economically challenged people and people living in rural regions of the country. The telemedicine program is planned to provide a platform that will be capable to help patients and healthcare providers residing in rural areas to have interaction with healthcare experts at Kenya’s main referral hospital, Kenyatta National Hospital (KNH) with the help of videoconferencing. The initiative is a partnership project of Kenya’s Ministry of Health and German pharmaceutical company Merck Group. The telemedicine initiative will link KNH to the Machakos Level Five Hospital located in the eastern parts of the country.
What are the Some of the E-Health Projects in South Africa?
Teledermatology
This particular project makes use of simple and cheap store and forward technology to transmit patient images electronically to a specialist for diagnosis and treatment. Currently in pilot stage, the project utilizes email to enhance dermatological care in relatively rural areas of South Africa…
Teleradiology
The Pretoria Academic Hospital (PAH) is a tertiary institution serving people residing in Mpumulanga and nearby regions; is considered as final referral center for neurological problems. The hospital has team of specialists who are experienced and expert in preventing damages, permanent disabilities and other sequelae after precipitating event (stroke, motor vehicle accident, etc)…
Mindset Health Channel
Mindset Health Channel was launched in year 2003 with the partnership between the National Department of Health (DoH), Mindset and Sentech. The channel was started with an aim to implement a satellite broadcast channel to spread medical knowledge about HIV/AIDS to healthcare workers across healthcare facilities in the nation.
Primary Health Care Telemedicine Workstation
In 2004, South African Medical Research Council (MRC) and Stellenbosch University collaborated on a project to develop workstations equipped with panel of devices, software and computer interface for medical practice and video conferencing in a workstation.
SOUTH AFRICA / CHINA BILATERAL AGREEMENT
South Africa and China have signed several bilateral agreements in the field of healthcare in the last couple of decades to explore healthcare opportunities among various other aims. As a result, South African telemedicine companies have benefited significantly. For instance, Telemedicine Africa, South Africa based telemedicine products company, has been working with Yunnan SUNPA Image Tel Tech Co., LTD (SUNPA), China based telemedicine products company on research projects since 2003, as part of the South Africa-China science and technology bilateral agreement on technology transfer…
RAPID DEPLOYMENT FIELD HOSPITAL / MOBILE PATHLAB
eHealth Research and Innovation Platform Division of South Africa government designed specialized shipping containers under the Mobile Pathlab program that can be used in remote locations and harsh conditions for diagnostics purposes.
Key Factors Considered in the Report
Comprehensive analysis of Africa E-Health space with new ventures in the space
Identified major developments in last few years and assessed the future growth of the industry
Government initiatives taken to stimulate the growth of the market along with future government plans to improve the health conditions in the country through electronic medium 
mHealth Opportunity Uganda
Nigeria Telemedicine Market
Telemedicine Market Growth
Telemedicine Adoption Africa
Telemedicine Centers in Africa
Telemedicine Technology Africa
Telepathology Industry Overview
Bostwana Telemedicine Challenges
Healthcare Delivery Model ehealth Africa
Rural Implementation Telemedicine Africa
For more information about the publication, refer to below link:
Related Reports:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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The Freight Forwarding Market is Forecasted to Dominate the Saudi Arabia Logistics Market in Coming Future : ken Research

The global market of logistics & warehousing services has shown a robust growth over the past few years owing to the increasing globalization and expanding retail & FMCG market. Also, the rising e-tail market worldwide has also positively impacted the market size of logistics industry. The companies operating in e-commerce sector requires warehouses and logistic partners in every country of the world in which they are operating.



Rising government support in all the countries to improve trade relations with other countries, improving infrastructure (roadways, railways, airports and seaports), modern technologies, increasing number of logistics and warehousing service providers has driven the size of the industry.
Asia pacific has majorly contributed to the revenues of the global logistics & warehousing market. The demand for logistics and warehousing services in emerging economies in the region such as India, China, Singapore and others has accelerated owing to the expanding industrial activities and government support in these countries. China is the major contributor to the growth in this region due to the presence of a large manufacturing base. India, on the other hand, is one of the most promising markets, which has attracted the government as well as logistics players to make massive investments in the country.
According to Ken Research  analyst ,Saudi Arabia logistics market has shown an impressive growth rate in 2015 owing to the expanding manufacturing & retail sector, rising expatriate population, growing number of foreign companies and increasing value of exports and imports in the country
Saudi Arabia has established itself as a leading country in logistics & Warehousing Industry under the GCC region. The kingdom is one of the fastest growing countries in the logistics and warehousing industry at the global level.
Logistic services in the country have been successful in connecting different export and import markets of various countries across the world. Furthermore, over the past five years, billions of dollars have been invested by the government of Saudi Arabia towards development of logistics infrastructure. Saudi Arabia has been the foremost nation in the Middle East to focus on logistics.
The freight forwarding sector is the leading segment towards the revenues of the logistics and warehousing industry. The logistics industry encompasses with several components such as transportation, warehousing, and value added services of which transportation forms the major proportion of the industry in India closely followed by value added services and warehousing.
Saudi Arabia logistics & Warehousing industry has number of leading players in the organized market such as DHL, DB Schenker, Aramex, Panalpina, UPS, TNT , Fed Ex and others. The market in the country is majorly driven by e-commerce industry and rising trade volumes in the country.
The rising demand of cold chain logistics in the country due to the increase in the consumption of meat & animal food has triggered the size of the logistics industry. The warehouses and fleet required for transportation of cold chain products are costlier than the logistics requirement for other products, According to Ken Research  analyst.
 Topics Covered in the Report
  • Cold Storage Market Saudi Arabia
  • Future Saudi Arabia Value Added Services
  • Developments Saudi Arabia Logistics
  • Express Delivery Market Saudi Arabia
  • GCC Countries Logistics Market
  • MENA Logistics Industry Growth
  • International Freight Forwarding Market
  • Domestic Freight Forwarding Saudi Arabia
  • Cargo Handling Market Saudi Arabia
  • Ground Express Market
  • Ecommerce Logistics Industry Saudi Arabia
  • Third Party Cold Storage Service Providers
  • Saudi Arabia Logistics Market size
  • Saudi Arabia Logistics Market trends
  • Saudi Arabia Logistics Market growth
  • Saudi Arabia Logistics Market analysis
For more information on the market research report please refer to the below link:
https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/saudi-arabia-logistics-market-report/77655-100.html
Related Reports:
Philippines Cold Chain Market Outlook to 2020 - Government Initiatives and Rising Consumer Demand for Frozen Food to Foster Future Growth
Philippines Logistics Market Outlook to 2020 - Driven by Customized Logistics, E-commerce Activities and Changes in Freight Forwarding
UAE Logistics Market Outlook to 2019 - Driven by Infrastructural Investment and Expanding Foreign Trade
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Saudi Arabia

Thursday, January 12, 2017

Government Support to Uplift Construction in Colombia: Ken Research

"Construction in Colombia, Key Trends and Opportunities to 2020 " is the latest report introduced by Ken research. In this highly revealing report, the company states the various aspects having significant effect in the Colombian construction industry. The report sheds light on detailed market analysis, information, insights and expansion prospects by market, project type, and type of construction activity. The report's chief focus is captured by the insights into the impact of industry trends and issues faced by this contemporary industry. Jeopardy and the profiles of the foremost operators in the Colombian industry are put under the exploration glass. The data highlights the largest construction projects in Colombia along with the pensive analysis of equipment, material and service costs across each project type.
Population of this Latin American country has been increasing significantly at a constant rate since the late 2000s. The Gross domestic product was increasing until 2013 but saw a decline after wards. The annual GDP growth is predicted to take a leap by 2020. The positive impact of these figures has translated well into the construction industry of the country. In real terms, the Colombian construction commerce registered the growth rate of 3.9% in 2015, 10.5% in 2014, 11.5% in 2013, 5.9% in 2012 and 8.2% in 2011. Added to this is the fact that this industry will continue to expand in real terms over the forecast period of 2016 to 2020.  The Departamento Administrativo Nacional de Estadistica (DANE), the country's national administrative department of statistics disclosed that Colombia's total area under construction increased by 2.5%, from 11.5 million meter square in 2014 to 11.8 million meter square in 2015. The industry's output value is anticipated to post a forecast-period compound annual growth rate (CAGR) of 2.82%; a slowdown compared to 7.90% CAGR witnessed during the review period (2011-2015).
global-construction-industry
Colombia's construction sector has represented self-motivated speed up which is reflected by the fact that more than half of the population owns homes. The construction sector rumbled because of a blend of factors, including greater competition and fewer precincts in the financial markets, increased capital inflows, relaxed directives and administration of financial institutions, and a loose monetary policy. The lack of demand and the excess supply of houses precipitated a sharp fall in real prices. In 1998, house prices had dropped to 1991 levels. This situation further depressed the quality of mortgages and loan guarantees in general, leading to a bust in the housing market between 1997 and 2000. Infrastructure assembly in recent years has focused on electricity projects and urban mass-transportation systems. Because of fiscal constraints, the government has promoted greater involvement of the private sector in preserving and developing road and rail network. The production of cement and other non-metallic building products is closely linked to the changes in the construction sector. In Colombia, cement output is highly concentrated, with three main economic groups controlling more than 90 percent of total output. Regarding imports and exports of construction products, the country has exported average billions of dollars over the past years. The import of supplies has increased substantially in the last five years, showing good results of economic growth.
Government investments in infrastructure and residential construction increased the issuance of building permits and contributed to growth. The country's construction industry will continue to expand in real terms over the forecast period mainly attributed to investments in transport infrastructure, energy and utilities, and reasonably priced housing projects. Additionally, government investment in public infrastructure and educational healthcare buildings as part of the 2016-2020 contributed significantly. Development Plan will support the growth. Industry growth will
be supported by the government's National Development Plan 2014-2018, inhabitant's growth, urbanization, and complimentary government policies with regards to public-private partnership (PPPs). The industry is expected to be supported by government plans to develop public infrastructure, educational infrastructure, the tourism and manufacturing sectors under the PIPE 2.0 commonly known by locals as "Plan de Impulso a la Productividad y el Empleo". It intends to invest USD 6.1 billion with the aim of maintaining sustainable financial growth and creating 300,000 jobs by 2018. This will provide the much-needed push to the growth trajectory. Modern transport infrastructure is vital for the growth and competitiveness of Colombia's economy, which is well identified by the government and thus is focusing on infrastructure development.
Over the forecast period, residential property prices are expected to remain buoyant due to a demand for residential property and a housing deficit.
Key Topics Covered in the Report
Colombia construction Industry Research Report
Colombia Institutional Construction market
New Institutional projects Colombia
Colombia Construction Market Players
Colombia Infrastructure Industry Trends
Colombia Residential Construction Sector
Colombia Real Estate Industry
Global construction industry research
For more coverage click on the link below:
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Contact: 
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204
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