Construction sector in Belarus 2009

Table of Contents

1. Methodology

2. Executive summary

3. General information

4. Investment climate and legal framework

• Ease of doing business
• Position of Belarus in international socio-economic ratings
• Recent improvements and developments
• Economic liberalisation 2009
• SWOT analysis
• Foreign investors
• Free Economic Zones
• Investment in small towns
• Land rights
• Property development process
• Licence for construction work
• Exports to Belarus
• Privatisation

5. Macroeconomic overview

• Gross domestic product
• Investment
• Inflation
• Exchange rate

6. Construction industry overview

• Construction and GDP
• Construction output
• Employment
• Salaries
• Construction companies
• Building materials
• Prices in construction
• Construction industry development forecasts

7. Civil engineering

• Transport - overview
• Roads
• Railways
• Air transport
• Pipeline network development
• Energy production
• Investment in environmental protection

8. Non-residential construction

• Overview
• Classification
• Office buildings
• Retail property
• Warehouses
• Hotels

9. Residential construction

Housing stock Investments Housing completion Prices Development programme

10. Company profiles

• Contractors
• Building materials producers
• Others

11. Appendix - documents needed to obtain a construction licence

12. List of graphs

13. List of tables

14. About PMR

15. Contact PMR

List of graphs

• GDP growth in Belarus (real, y-o-y), 2001-2011
• FDI in Belarus ($ m, y-o-y change), 2001-2008
• Contribution of construction industry to GDP in Belarus, 2000 and 2005-2009
• Value of construction and assembly work in Belarus (BYR bn and y-o-y real change), 2004-2009
• Total floor space of housing completed in Belarus (' 000 m2 and y-o-y change), 2000-2009
• Number of housing units completed in Belarus (' 000 and y-o-y change), 2000-2008
• Belarusian regions
• Ease of doing business ranking in Belarus and selected CIS countries, 2008-2009
• GDP growth in Belarus (real, y-o-y), 2001-2011
• Fixed capital investment in Belarus (BYR bn, y-o-y change), 2000-2009
• FDI in Belarus ($ m, y-o-y change), 2001-2008
• Foreign direct investment in Belarus, by country, 2008
• Inflation in Belarus (y-o-y, annual average and December-to-December), 2000-2008
• Exchange rate of the Belarusian rouble before the devaluation ($/BYR, &euro. /BYR), 2002-2008
• Exchange rate of the Belarusian rouble after the devaluation ($/BYR, &euro. /BYR), January 2007-June 2009
• Contribution of construction industry to GDP in Belarus, 2000 and 2005-2009
• Value of construction and assembly work in Belarus (BYR bn and y-o-y real change), 2004-2009
• Breakdown of overall employment levels in Belarus, by industries, 2000 and 2008
• Average nominal monthly salaries in Belarus (BYR ' 000), 2000-2009
• Nominal average monthly salary in Belarus (BYR ' 000), by regions, 2007
• Value of building materials output in Belarus (BYR bn and y-o-y real change), 2006-2009
• Construction and assembly work price index in Belarus (%, December-to-December), 2004-2009
• Producer price index in the building materials industry in Belarus (%, y-o-y), 2000-2009
• Total floor space of housing completed in Belarus (' 000 m2 and y-o-y change), 2004-2011
• Value of construction and assembly work in Belarus (BYR bn and y-o-y change), 2004-2011
• Methods of transporting goods in Belarus (%), 2008
• Passenger transport in Belarus (%), 2008
• Main road corridors traversing Belarus
• International railway routes in Belarus
• Investment in railways in Belarus (BYR bn, y-o-y change), 2006-2008
• Changes in transportation of goods and passengers by air in Belarus, 2004-2008
• Energy production at thermal power plants in Belarus, by provinces, 2008
• Electric energy and heat energy sources in Belarus, 2008
• Ratio of commercial non-residential construction to residential in Belarus, 2007-2008
• Increase in built-to-order office area in Minsk (m2), 2000 and 2005-2008
• Occupation of A, B1 and B2 offices in Minsk, 2007-2008
• Office vacancies in Minsk, Q2-Q3 2008
• Shopping centres in Minsk by GLA, 2008
• Average rents in Minsk shopping centres and street shops (&euro. /m2/month), 2008
• Rents for space 100-350 m2 in shopping centres in Minsk and capitals of Baltic states (&euro. /m2/month), 2008
• Distribution of warehouses in Minsk by GLA, 2008
• Total warehouse area in Minsk, along with Minsk Province and European cities and their regions (m2/1,000 inhabitants), 2008
• Increase in average warehouse rents in Minsk (&euro. /m2/month), 2005-2008
• Number of classified hotels in Belarus, 2008
• Four- and five-star accommodation in Minsk and European cities, 2008
• Number of dwellings per 1,000 inhabitants in Belarus and selected European countries, 2008
• Fixed capital investment in residential construction in Belarus (BYR tr and real y-o-y change), 2004-2008
• Share of residential construction investment as a proportion of total fixed capital investment in Belarus (%), 2005-2009
• Sources of financing for residential construction projects in Belarus, 2008
• Total floor space of housing completed in Belarus (' 000 m2 and y-o-y change), 2000-2009
• Number of housing units completed in Belarus (' 000 and y-o-y change), 2000-2008
• Share of detached houses and dwellings as a proportion of total residential space completed in Belarus, 2008
• Average residential prices in Minsk ($/m2), June 2006-May 2009
• Dwellings offered in Minsk by number of rooms (%), Q1 2009
• List of tables
• Investment climate in Belarus, 2007-2009
• Belarusian Free Economic Zones
• Average costs in Free Economic Zones, 2009
• Procedures to be completed for construction of warehouse in Minsk, 2009
• Construction companies to be privatised in Belarus, 2009-2010
• Fixed capital investment, construction and assembly work, and the purchase of construction machinery, equipment and means of transport in Belarus (BYR bn), 2008
• Value of major and current repairs in Belarus, January-April 2009
• Production of selected building materials and machinery in Belarus, 1995 and 2000-2008
• Production of basic building materials and machinery in Belarus, 2008
• Production of building materials in Belarus, January-April 2009
• Production of building materials according to central plan in Belarus, 2009
• Value of building materials output in Belarus, January-April 2009
• The most important partners of Belarus in terms of foreign trade of construction produce (including building materials), January-November 2008
• Exports of building materials from Belarus ($ ' 000), January-November 2008
• Producer price index in the building materials industry in Belarus, January-April 2009
• Construction and assembly work breakdown in Belarus, 2004-2011
• Construction and assembly work breakdown in Belarus (BYR tr), 2004-2011
• Nominal growth rates in the value of construction and assembly work in Belarus, by subdivision, 2005-2011
• Transportation of goods in Belarus (million tons), 2007-2008
• Passenger transport in Belarus (million persons), 2008
• Belarusian investment in roads (BYR bn), 2006-2015
• Road construction and repair in Belarus (km), 2006-2015
• Selected road modernisation projects in Belarus, 2009-2014
• Construction of roadside facilities in Belarus by 2010
• State funds for airport development in Belarus (BYR m), 2009-2010
• Main gas pipelines in Belarus, 2008
• Length of energy network in Belarus (km), 2008
• Energy investments for private investors in Belarus, 2009
• Energy investment projects planned in Belarus, 2009-2012
• Environmentally important investments in public sector in Belarus, 2008-2012
• Environmentally important investments in agricultural industry in Belarus, 2008-2012
• Business centres completed in Minsk (m2), 2008-Q1 2009
• Business centres most likely to be completed in Minsk in 2009
• Business centres likely to be completed in Minsk by 2012
• Shopping centres completed in Minsk (m2), 2008
• Shopping centres to be completed in Minsk, 2009-2010
• Warehouses to be completed in Minsk and Minsk Province, 2009-2010
• Total housing floor space completed in Belarus (' 000 m2), 2000 and 2005-2009
• Residential construction growth in Belarus (y-o-y), 2006-2008
• Average prices of housing space in selected Belarusian towns ($/m2), mid-2008
• Total residential area to be implemented in Belarusian regions (' 000 m2), 2009
• Total residential area to be completed in Belarus (' 000 m2), by regions, 2010-2011