Building and Construction Sector

The construction industry grew by 9.2% in 2016 from an expansion of 13.9% registered in 2015. This was attributed to the steady growth in property development, a vibrant real estate sector and the ongoing mega infrastructure projects. Increased activity in the construction of roads and development of housing translated to an increase in employment sector from 148.6 thousand jobs in 2015 to 163.0 thousand jobs in 2016. Construction of Phase I of the Standard Gauge Railway (SGR) was completed and launched in May 2017.

The growth was also mirrored in cement consumption as well as that of other building materials.

Opportunities for Investment in the sector are vast, especially in manufacturing and supply of building materials, construction of low income housing and upgrading of informal settlements.