LONDON, July 12, 2011 /PRNewswire/ --
Business Monitor International has announced the release of its newest report, which examines the state of the industry infrastructure in Greece.
This is currently a turbulent time for Greece's economy, as there have been protests about tax rises, job losses and a number of strikes at power plants. The impact of fluctuations in the infrastructure market is likely to be felt in Greece's construction industry which is currently struggling to cope with reduced demand for its services.
Business Monitor International's report covers all the major areas of the infrastructure sector including transportation, energy and utilities; analysis of the latest industry trends and prospects; and competitive intelligence on leading construction companies. It also features BMI's market assessment and 5-year forecasts to end-2015 covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report also analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on multinational and national contractors and suppliers.
BMI's previous outlook for the Greek energy and utilities market predicted that the market was in decline and would continue to decline. The Greek parliament is due to vote on the government's latest round of spending cuts and tax rises. Spending cuts are likely to hit the infrastructure industry hard as the industry is reliant on growth and investment which is likely to be reduced as part of the proposed spending cuts.
The Infrastructure report enables industry professionals, strategists, sector analysts, investors, trade associations and regulatory bodies to evaluate and better manage the risks, and exploit business opportunities, in global infrastructure markets. BMI's analysis of the situation and forecasts for the future offer insight for those looking to manage risks or considering investment.
Business Monitor International (BMI) is a leading, independent provider of proprietary risk assessment, data, industry analysis, ratings, IT trends, rankings, consumer electronics information and forecasts covering 175 countries and 22 industry sectors.
BMI's customers and clients span more than 140 countries worldwide, including UK market businesses and more than 400 of the Global Fortune 500 companies.Businesses, banks, financial service companies, governments, academia and research centres have all come to rely on BMI's analysis, data and forecasts - and have done so for 25 years. The company was awarded the Queen's Award for Export Achievement in 1997.
BMI is a wholly independent company, headquartered at Blackfriars, London, with foreign offices in Singapore and New York. BMI's corporate mission is to become the world's No.1 Independent Information Provider in its field (Country Risk & Industry Research). Business Monitor International was founded in 1984 by Richard Londesborough and Jonathan Feroze, the company's joint CEOs, who both continue to play a full role within the company.
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SOURCE Business Monitor International