Report: Hungary Infrastructure Report Q3 2009 TOC

Executive Summary — 5
Market Overview — 7
Hungary — 7
Global Overview — 9
Governments To The Rescue: The Global Surge In Infrastructure Spending — 9
Table: Infrastructure Stimulus Plans List — 10
SWOT Analysis — 16
Hungary Infrastructure SWOT — 16
Hungary Political SWOT — 17
Hungary Economic SWOT — 18
Hungary Business Environment SWOT — 19
Major Infrastructure Developments And Key Projects — 20
Transport Infrastructure Overview — 20
New And Ongoing Projects — 23
Airports — 23
Roads And Bridges — 24
Railways — 25
Energy And Utilities Infrastructure Overview — 26
New And Ongoing Projects — 29
Power Plants And Transmission Grids — 29
Pipelines — 30
Water — 30
Construction Overview — 31
New And Ongoing Projects — 32
Residential Construction — 32
Commercial Construction — 32
Industrial Construction — 33
Tourism Construction — 34
Major Projects Table — 35
Table: Hungary – Major Infrastructure Projects — 35
Industry Forecast Scenario — 43
Table: Hungary Construction Industry Data — 43
Business Environment – Europe — 45
Regional Infrastructure Business Environment Ratings — 48
Limits Of Potential Returns — 48
Risk To Realisation Of Potential Returns — 49
Design and Construction Rating — 52
Table: Commissioning And Operating Rating — 53
Overall Project Finance Rating — 55
Foreign Direct Investment — 56
Labour Force — 57
Legal Framework — 58
Tax Regime — 58
Corruption — 59
Macroeconomic Outlook — 60
Table: Hungary – Economic Activity — 63
Political Outlook — 64
Domestic Politics — 64
Table: Hungarian Politics — 66
Foreign Policy — 67
Company Monitor — 69
Strabag Hungary — 69
Vegyepszer — 72
KÉSZ Central European Building & Construction — 74
Fomterv — 75
BMI Forecast Modelling — 76
How We Generate Our Industry Forecasts — 76
Construction Industry — 77
Sources — 77
Business Environment Ratings — 78
Ratings Overview — 78
Table: Infrastructure Business Environment Indicators — 79
Project Finance Ratings Methodology — 79
Design & Construction Phase — 81
Historical Data & Forecasts — 82
Commissioning and Operating Phase- Commercial Construction — 83
Commissioning and Operating Phase - Energy and Utilities — 84
Commissioning and Operating Phase –Transport — 86

Hungary Infrastructure Report Q3 2009

Table of Contents