04 Nov Construction Opportunities
Construction in Africa is booming. The four key factors causing all the new construction are:
Massive Infrastructure Projects: Things like dams, power plants, roads, bridges, ports, hospitals, airports etc.
Tourism: The amount of tourists from “the west” is skyrocketing. Therefore , there is a need for hotels and restaurants and accommodations within National Parks.
Housing Shortages: A growing middle class, rapid urbanization and access to home loans has driven the demand for millions of new homes.
Industrial Output: Existing production facilities are growing, new industries are moving in and there is huge growth in mining and extraction.
Construction has grown 12-15% in the last 5 years. Everything is needed from Services, Materials and Equipment related to construction. Examples below:
Design, general contracting, construction, feasibility studies.
Materials, prefabricated materials, pipes and plumbing materials, restaurant and hotel supplies.
Bulldozers, earth-movers, loaders, dump trucks, excavators, compactors, graders, cranes, trucks, forklifts, generators, waste water systems.
If you are ready to check out the construction opportunities in Africa please contact Why Africa Now! to schedule a complimentary telephone call to discuss your opportunities.