Market Research Report Nigeria Construction Industry Trends Report 2017 | Page 3

Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) Analysis of key construction industry issues, including regulation, cost management, funding and pricing Detailed profiles of the leading construction companies in Nigeria 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 In November 2016, the Nigerian National Petroleum Corporation announced plans to develop the Trans-Saharan gas pipeline project linking Nigeria and Algeria. With a total investment of NGN5.2 trillion (US$20.0 billion), the project includes the construction of 4,216km pipeline with a diameter of 1.2m to 1.4m and gas-gathering centers. The government aims to make the country a global industrial hub. Accordingly, in February 2017, the government granted approval for the development of Gas Revolution Industrial Park in Ogidigben, Niger Delta region. The project includes the construction of several industrial plants, including petrochemicals, methanol, aluminum and fertilizer in a single location on a 2,700ha area.