Dolat Capital: Construction And Infra Sector Update - November 2020
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Dolat Capital Report
New investments up by 10.0% YoY to Rs 672 billion (down 12.8% month on month) in November 2020, primarily due to rise in road/ manufacturing/ mining which was partially offset by fall in power/ railways/ hospitals.
New investments announced in year-to-date-21 decreased by 43.0% YoY to Rs 4,727 billion owing to the fall in others/ power/ railways which was partially offset by rise in Irrigation.
Tenders issued increased by 1.3% YoY to Rs 555 billion in Nov-20 mainly led by Irrigation/ real estate/ road segment.
Tenders published in YTD21 increased 58.5% YoY to Rs 4,692 billion mainly due to rise in road/ mining/ water.
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