Date post: | 22-Nov-2014 |
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Engineering |
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Hisham Malaika | Head of Property, KSA | ARCADIS
Tuesday 16 September | Riyadh
Assessing How Performance of Built Assets Contribute to National GDP
• The Research – Built Asset Performance Index
(BAPI)
• A spotlight on Saudi Arabia
• Future Built Asset Performance
• How to boost Built Asset Performance
• ARCADIS | EC Harris
Agenda
The Research • Global Built Asset Performance Index
explores the economic value that is generated
from the built asset wealth of 30 countries
• It reveals how physical buildings and
infrastructure contribute to national GDP across
the world
• Answers the following questions:
o Proportion of a country’s GDP attributable to built
assets?
o Countries generating the greatest return from their
built assets?
o Countries best placed to improve the performance
of their built assets?
o How countries gain better performance from built
assets to develop new sources of competitive
advantage?
Global Highlights
• Built assets generated a total
income of US$27.1trillion of GDP
across all 30 countries in 2013
• This amounted to, on average,
40% of total GDP across these
countries
• This proportion increases to 45%
in emerging economies, but is
lower in advanced economies at
35%
• Built asset performance is forecast
to grow by 70% over the next
decade
Measuring Built Asset Performance
Return on built assets as a proportion of GDP
0%
10%
20%
30%
40%
50%
60%
70%
Ru
ssia
Sa
ud
i A
rab
ia
Chile
Qa
tar
UK
Neth
erl
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Au
str
alia
Bra
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Italy
Ge
rma
ny
Ma
laysia
Hon
g K
on
g
Fra
nce
Can
ad
a
US
A
So
uth
Ko
rea
So
uth
Afr
ica
Ph
ilipp
ines
Eg
yp
t
India
Sp
ain
Th
aila
nd
Jap
an
UA
E
Indo
nesia
Sin
ga
pore
Po
lan
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Chin
a
Tu
rke
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Me
xic
o
2013 2014
Country Rank 2013 Rank 2014 2013 % 2014% % change
from 2013
UAE 7 7 44% 43% -1
Qatar 27 27 28% 28% 0
Saudi Arabia 29 29 16% 17% +1
Built asset wealth and income relationship
Relationship between built asset wealth and performance, 2013, US$ PPP measure
• Relatively low returns from its built asset wealth
• Heavy investment underway to support 2025
Economic Vision
• Demographic pressure is a key driver
• The need to create a sustainable economy is driving
the adoption of international quality standards
• On course for a prosperous future supported by its
built asset wealth
Spotlight on Saudi Arabia
2014 KSA Budget
• Education & Training = $56 billion
• Health & Social Affairs = $28.8 billion
• Water & Agriculture = $16.3 billion
• Infrastructure & Transport = $17.3 billion
• Municipality Services = $10.4 billion
Spotlight on Saudi Arabia
Growth Forecasts
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Change in built asset performance 2013-2022
Middle East show robust growth
Income from built assets per capita US$ PPP measure, 2013 and 2022 and
percentage growth
How to boost built asset performance
And finally… • There is a strong relationship
between built assets and GDP
• Creating a sustainable built asset
base demands a clear long-term
vision
• Investors, owners and occupiers in
both the public and private sectors
all have a role to play in boosting
their built asset performance to the
benefit of themselves and the wider
economy.
About Us
Imagine the result