Czech Republic Infrastructure Report Q1 2010

Executive Summary ......................5
Market Overview............................6
Czech Republic ............ 6
Global Overview ............................8
New Infrastructure Data Series – Some Key Findings........................ 8
Governments To The Rescue: The Global Surge In Infrastructure Spending........................... 12
Table: Infrastructure Stimulus Plans List, Correct As Of July 2009........................................ 13
SWOT Analysis............................16
Czech Republic Infrastructure SWOT......... 16
Czech Republic Political SWOT.................. 17
Czech Republic Economic SWOT ............... 18
Czech Republic Business Environment SWOT.................................. 19
Major Infrastructure Developments And Key Projects...20
Transport Infrastructure Overview.................. 20
Road And Rail Heavy.................................. 20
Airports Developing In Tandem With Tourism Industry ................... 21
Natural Transport Networks ....................... 22
Industry Forecast: Transport Infrastructure.... 23
Table: Transport And Infrastructure Industry Data.......................... 23
New And Ongoing Projects......................... 25
Airports................. 25
Railways ............... 26
Table: Major Infrastructure Projects – Transport ............................ 27
Energy And Utilities Infrastructure Overview........................................ 29
Supply To Outstrip Demand........................ 29
Industry Forecast: Energy And Utilities Infrastructure ......................... 33
Table: Energy And Utilities And Infrastructure Industry Data .......... 33
New And Ongoing Projects......................... 35
Power Plants And Transmission Grids ....... 35
Oil And Gas Pipelines................................. 38
Water .................... 38
Table: Major Infrastructure Projects – Energy And Utilities............ 39
Construction And Infrastructure Industry Overview.............................. 41
Industry Forecast Scenario: Construction and Infrastructure ............... 43
Table: Construction And Infrastructure Industry Data..................... 43
Business Environment ...............45
Eastern Europe Infrastructure Business Environment Ratings .......... 45
Table: Regional Infrastructure Business Environment Ratings......... 48
Limits of Potential Returns ......................... 49
Risks To Realisation Of Potential Returns ........................................ 49
Project Finance Ratings: Outlook For Central And Eastern Europe...... 50
Table: Design And Construction Rating ..... 52
Table: Commissioning And Operating Rating .................................. 54
Table: Overall Project Finance Rating....... 56
Macroeconomic Outlook .............58
Table: Czech Republic – Economic Activity ..................................... 61
Political Outlook..........................62
Company Monitor........................64
Skanska CZ ........... 64
Metrostav.............. 66
PSJ, a.s. ................ 68