Industry Analysis & Industry Trends
The Railway Track Construction industry has had mixed results since the late 2000s, picking up steam on the back of resource developments, before plummeting in recent years with the winding back of private and public rail investment. The industry builds three kinds of rail networks and these transport passengers, intermodal freight and mining output. Construction of intermodal freight and passenger networks relies on government funding, and expansion plans are developed to meet long-term objectives. Governments are heavily involved in downstream industries as both owners and operators of track... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry are relatively high within the industry.
Potential new entrants are likely to be deterred by the prominent position held by the existing large-scale players. These firms generally have established technical capacities, access to a pool of skilled labour, the ability to contest all scale of contracts in multiple locations and a proven track record. These large scale players (e.g. CIMIC, Downer EDI and UGL) have a good understanding of dealing with the public authorities which is essential in the tendering process for public contracts.
Establishing new operations requires access to capital equipment and skilled labour. Much of this equipment may be leased on demand or obtained through wet hire arrangements with subcontractors... purchase to read more