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Bangladesh Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028

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    Report

  • 43 Pages
  • June 2024
  • Region: Bangladesh
  • GlobalData
  • ID: 5807343
The analyst's Construction in Bangladesh - Key Trends and Opportunities to 2028 (H1 2024) report provides detailed market analysis, information, and insights into Bangladesh’s construction industry, including :
  • Bangladesh’s 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 Bangladesh’s construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
The construction industry in Bangladesh is expected to expand by 6.2% in real terms in 2024 and register an average annual growth of 5.7% from 2025 to 2028, supported by investment in transport, electricity, and housing infrastructure projects. The Bangladeshi government received BDT859.2 billion ($7.2 billion) in loans from global lenders in the first seven months of fiscal year (FY) 2023-24 (July 2023 to January 2024), crossing the foreign loan target of BDT716 billion ($6 billion) for FY2023-24. The Ministry of Finance expects fund commitments to exceed BDT1.2 trillion ($10 billion) in the current fiscal year, thereby providing a boost to the economic recovery, subject to effective utilisation.

The government's aim of increasing the power generation capacity from 25,826MW in 2023 to 60,000MW by the end of 2041 will also boost the industry’s output over the coming years. In December 2023, international financial institutions, bilateral donors, and the private sector collaborated with the Bangladeshi government to unveil a BDT954.7 billion ($8 billion) fund dedicated to mitigating and adapting to the impacts of climate change; the Bangladesh Climate and Development Platform (BCDP) will help the country by generating a robust pipeline of climate projects. A multi-donor/multi-sector project preparation facility will also be established within the BCDP to improve the bankability of priority projects. This collaborative effort, which will be led by the International Monetary Fund (IMF), is contextualized within the BDT167.1 billion ($1.4 billion) Resilience and Sustainability Facility (RSF) that was approved by the IMF in January 2023. Previously, in October 2023, the European Investment Bank (EIB) and the European Union (EU) agreed to provide a loan of BDT50 billion ($418.7 million) to support the development of renewable energy generation projects across Bangladesh. In the short term, however, the industry’s output will be affected by a sluggish economy and the slow implementation of the Annual Development Program (ADP).

Scope

This report provides a comprehensive analysis of the construction industry in Bangladesh. It provides :

  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Bangladesh, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

  • Identify and evaluate market opportunities using the analyst'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 the analyst's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

1 Executive Summary2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
  • Outlook
  • Latest news and developments
  • Construction Projects Momentum Index
4.2 Commercial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.3 Industrial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.4 Infrastructure Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.5 Energy and Utilities Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.6 Institutional Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.7 Residential Construction
  • Outlook
  • Project analytics
  • Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
  • About the Analyst
  • Contact the Publisher
List of Tables
Table 1: Construction Industry Key Data
Table 2: Bangladesh, Key Economic Indicators
Table 3: Bangladesh, Commercial Construction Output by Project Type (Real % Change), 2019-28
Table 4: Bangladesh, Top Commercial Construction Projects by Value
Table 5: Bangladesh, Industrial Construction Output by Project Type (Real % Change), 2019-28
Table 6: Bangladesh, Top Industrial Construction Projects by Value
Table 7: Bangladesh, Infrastructure Construction Output by Project Type (Real % Change), 2019-28
Table 8: Bangladesh, Top Infrastructure Construction Projects by Value
Table 9: Bangladesh, Energy and Utilities Construction Output by Project Type (Real % Change), 2019-28
Table 10: Bangladesh, Top Energy and Utilities Construction Projects by Value
Table 11: Bangladesh, Institutional Construction Output by Project Type (Real % Change), 2019-28
Table 12: Bangladesh, Top Institutional Construction Projects by Value
Table 13: Bangladesh, Residential Construction Output by Project Type (Real % Change), 2019-28
Table 14: Bangladesh, Top Residential Construction Projects by Value
Table 15: Bangladesh, Key Contractors
Table 16: Bangladesh, Key Consultants
Table 17: Bangladesh, Construction Output Value (Real, $Million)
Table 18: Bangladesh, Construction Output Value (Nominal, BDT Billion)
Table 19: the analyst Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: South Asia, Construction Output (Real % Change), 2022-28
Figure 2: Bangladesh, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Bangladesh, Risk Summary
Figure 4: Bangladesh, Risk Regional Comparison
Figure 5: Bangladesh, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Bangladesh, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Bangladesh, Construction Value Add at Constant Market Price (FY2015-16 Prices, BDT Billion)
Figure 8: Bangladesh, Total Private Sector Bank Advances to Construction (BDT Billion)
Figure 9: Bangladesh, Construction Projects Momentum Index
Figure 9: South Asia, Construction Projects Momentum Index
Figure 9: Bangladesh, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 10: Bangladesh, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 11: Bangladesh, Wholesale and Retail Trade Value Add at Constant Market Price (FY2015-16 Prices, BDT Billion)
Figure 12: Bangladesh, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 13: Bangladesh, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 14: Bangladesh, Manufacturing Value Add at Constant Market Price (FY2015-16 Prices, BDT Billion)
Figure 15: Bangladesh, Mining & Quarrying Value Add at Constant Market Price (FY2015-16 Prices, BDT Billion)
Figure 16: Bangladesh, Production Index (2015/2016=100)
Figure 17: Bangladesh, Merchandise Exports, Nominal BDT Billion
Figure 18: Bangladesh, RMG Exports, In $ Million
Figure 19: Bangladesh, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 20: Bangladesh, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 21: Bangladesh, Transportation and Storage Information and Communication Value Add at Constant Market Price (FY2015-16 Prices, BDT Billion)
Figure 22: Bangladesh, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 23: Bangladesh, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 24: Bangladesh, Electricity, Gas and Water Supply Value Add at Constant Market Price, % Change, YoY (FY2015-16=100, BDT Billion)
Figure 25: Bangladesh, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 26: Bangladesh, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Bangladesh, Education and Healthcare Value Add at Constant Market Price (FY2015-16=100, BDT Billion)
Figure 28: Bangladesh, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 29: Bangladesh, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 30: Bangladesh, Real Estate Value Add at Constant Market Price (FY2015-16=100, BDT Billion)
Figure 31: Bangladesh, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 32: Bangladesh, Headquarters of Key Consultants (% of Total Project Pipeline)