Q2 2015 www.businessmonitor.com VIETNAM INFRASTRUCTURE REPORT INCLUDES 10-YEAR FORECASTS TO 2024 ISSN 1750-5593 Published by:Business Monitor International Vietnam Infrastructure Report Q2 2015 INCLUDES 10-YEAR FORECASTS TO 2024 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: January 2015 Business Monitor International © 2015 Business Monitor International Senator House All rights reserved. 85 Queen Victoria Street London All information contained in this publication is EC4V 4AB copyrighted in the name of Business Monitor United Kingdom International, and as such no part of this Tel: +44 (0) 20 7248 0468 publication may be reproduced, repackaged, Fax: +44 (0) 20 7248 0467 redistributed, resold in whole or in any part, or used Email: [email protected] in any form or by any means graphic, electronic or Web: http://www.businessmonitor.com mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. Vietnam Infrastructure Report Q2 2015 CONTENTS BMI Industry View ............................................................................................................... 7 SWOT .................................................................................................................................... 9 Infrastructure SWOT .................................................................................................................................. 9 Industry Forecast .............................................................................................................. 11 Construction And Infrastructure Forecast Scenario ........................................................................................ 11 Table: Construction And Infrastructure Industry Data (Vietnam 2012-2017) ......................................................................... 11 Table: Construction And Infrastructure Industry Data (Vietnam 2018-2023) ......................................................................... 13 Conducive Monetary Conditions ............................................................................................................... 16 Improving Economic Environment ............................................................................................................. 17 Renewed Interest From Foreign Investors ................................................................................................... 18 Potential Not Maximised ......................................................................................................................... 19 Transport Infrastructure - Outlook And Overview .......................................................................................... 22 Table: Transport Infrastructure Industry Data (Vietnam 2012-2017) ................................................................................. 22 Table: Transport Infrastructure Industry Data (Vietnam 2018-2023) ................................................................................. 23 Table: Competitiveness Of Vietnam©s Infrastructure ................................................................................................... 25 Table: Vietnam Railway Corporation©s Main Targets ................................................................................................. 32 Major Projects Table - Transport .............................................................................................................. 41 Table: Major Projects - Transport ...................................................................................................................... 41 Energy And Utilities Infrastructure - Outlook And Overview ............................................................................ 56 Table: Energy And Utilities Infrastructure Data (Vietnam 2013-2018) ................................................................................ 56 Table: Energy And Utilities Infrastructure Data (Vietnam 2019-2024) ................................................................................ 57 Major Projects Table - Energy & Utilities ................................................................................................... 72 Table: Major Projects - Energy & Utilities ............................................................................................................. 72 Residential/Non-Residential Building - Outlook And Overview ......................................................................... 84 Table: Residential and Non-Residential Building Industry Data (Vietnam 2013-2018) ............................................................... 84 Table: Residential and Non-Residential Building Industry Data (Vietnam 2019-2024) ............................................................... 85 Table: Major Projects Table - Residential/Non-Residential Construction & Social Infrastructure ................................................... 90 Industry Risk Reward Ratings .......................................................................................... 92 Vietnam - Infrastructure Risk/Reward Index ................................................................................................. 92 Vietnam Risk/Reward Index ..................................................................................................................... 92 Rewards .............................................................................................................................................. 92 Risks .................................................................................................................................................. 93 Asia Pacific - Infrastructure Risk/Reward Index ............................................................................................ 95 Developed Markets: Favoured .................................................................................................................. 96 Giants Of Asia: Rewards Sizeable, Risks Sizeable ......................................................................................... 98 South East Asia: Environment Deteriorating Slightly .................................................................................... 99 Table: Asia Pacific Infrastructure Risk Reward Index ................................................................................................ 101 Market Overview ............................................................................................................. 102 © Business Monitor International Page 4 Vietnam Infrastructure Report Q2 2015 Competitive Landscape ........................................................................................................................... 102 Table: Vietnam EQS Data ............................................................................................................................. 102 Company Profile .............................................................................................................. 103 Cavico Corporation ............................................................................................................................... 103 Electricity Vietnam Group ....................................................................................................................... 106 Global Infrastructure Overview ...................................................................................... 111 Industry Trend Analysis .......................................................................................................................... 111 Table: Multilaterals and Development Bank Infrastructure Support Programmes ................................................................... 116 Methodology .................................................................................................................... 118 Industry Forecast Methodology .............................................................................................................. 118 Sector-Specific Methodology .................................................................................................................. 119 Risk/Reward Index Methodology ............................................................................................................. 123 Sector-Specific Methodology .................................................................................................................. 124 Table: Infrastructure Risk/Reward Index Indicators .................................................................................................. 124 Table: Weighting Of Indicators ........................................................................................................................ 125 © Business