Report Coverage
The detailed report on the Malagasy construction sector focuses on conditions in the domestic market, the opportunities for construction companies and the factors that influence the success of the industry. Profiles for 14 companies active in the sector are provided. Included are Vision Madagascar, a local company and its subsidiary Vima Construction, which employ almost 200 people, and Colas Madagascar SA, the leading construction company which is part of the Colas Group, which, in turn is a subsidiary of French group, Bouygues SA.
The Construction sector in Madagascar
The Malagasy construction sector is characterised by a high level of informality and most of the country’s micro-sized and small building firms remain unregistered. Many registered contractors collaborate with their unregistered counterparts, enlisting the services of informal sub-contractors for smaller projects and/or specific tasks. High-value projects are usually awarded to large foreign construction companies, which through their respective subsidiaries have established a presence in Madagascar. Over the past five years the contribution of the construction industry to the country’s GDP has averaged less than US$400m per annum which represents less than 4% of GDP.
Much-Needed Infrastructure Projects
Since gaining independence from France in 1960, Madagascar has experienced recurrent periods of political turmoil and instability that have derailed much-needed infrastructure development initiatives. The country remains highly dependent on financial assistance from international donors and over the period 2017-2020, US$2bn of the total donation of US$6.4bn has been specifically earmarked for the construction of transport infrastructure. Energy security supported by a reliable power supply system is widely regarded as a prerequisite for economic growth and with the rate of urbanisation averaging 4.47% per annum, demand for affordable housing in the metropolitan areas also presents opportunities for companies in the construction sector.
The Construction Industry in Madagascar
2018
Full Report
R 1 900.00(ZAR) estimated $100.97 (USD)*
Industry Overview
R 1 330.00(ZAR) estimated $ 70.68 (USD)*
Table of Contents
[ Close ]| PAGE | ||
|---|---|---|
| 1. | INTRODUCTION | 1 |
| 2. | COUNTRY INFORMATION | 1 |
| 2.1. | Geographic Position | 3 |
| 3. | DESCRIPTION OF THE INDUSTRY | 4 |
| 3.1. | Industry Value Chain | 5 |
| 4. | SIZE OF THE INDUSTRY | 6 |
| 5. | STATE OF THE INDUSTRY | 10 |
| 5.1. | Local | 10 |
| 5.1.1. | Corporate Actions | 17 |
| 5.1.2. | Regulations and Government Policies | 17 |
| 5.2. | Continental | 19 |
| 5.3. | International | 22 |
| 6. | INFLUENCING FACTORS | 24 |
| 6.1. | Economic Environment | 24 |
| 6.2. | Investment in Infrastructure | 25 |
| 6.3. | Urbanisation | 27 |
| 6.4. | Corruption | 27 |
| 6.5. | Input Costs | 27 |
| 6.6. | Cyclicality | 28 |
| 6.7. | Health and Safety Concerns | 28 |
| 6.8. | Technology, Research and Development (R&D) and Innovation | 29 |
| 6.9. | Labour | 30 |
| 6.10. | Environmental Concerns | 30 |
| 7. | COMPETITION | 32 |
| 7.1. | Barriers to Entry | 32 |
| 8. | SWOT ANALYSIS | 33 |
| 9. | OUTLOOK | 34 |
| 10. | INDUSTRY ASSOCIATIONS | 35 |
| 11. | REFERENCES | 35 |
| 11.1. | Publications | 35 |
| 11.2. | Websites | 37 |
| APPENDIX 1 | 39 | |
| The Global Competitiveness Index 2017-2018: Madagascar | 39 | |
| COMPANY PROFILES | 40 | |
| CHINA ROAD & BRIDGE CORPORATION | 40 | |
| CIMELTA MADAGASCAR SA | 42 | |
| COLAS MADAGASCAR SA | 44 | |
| CONSTRUCT SARL | 46 | |
| GENERAL ENTERPRISES | 47 | |
| MADARAIL SA | 49 | |
| OTI MADAGASCAR SA | 51 | |
| PRO IMMO CONSTRUCTION | 52 | |
| SARA ET CIE SARL | 53 | |
| SINO MALAGASY DE TRAVAUX PUBLICS | 54 | |
| SOCIETE DE BATIMENT ET TRAVAUX SA | 55 | |
| SOCIETE DE CONSTRUCTIONS ET DE BATIMENTS | 56 | |
| VINCI SA | 58 | |
| VISION MADAGASCAR | 71 |
