Kenya
The Kenya Construction industry has a high growth rate potential over the forecasted period under the national long-term development policy THE KENYA VISION 2030. The national policy aims to transform Kenya into a newly industrializing, middle-income country providing a high quality of life to all its citizens by 2030 in a clean and secure environment. Kenya Vision 2030 overall goal for the construction sector is to increase its contribution to Gross Domestic Product (GDP) by at least 10% per annum and propel Kenya towards becoming Africa’s industrial hub.
Tunisia
Construction activity in Tunisia over the forecast period (2019–2024), the industry is expected to grow supported by investments in public infrastructure, residential and renewable energy projects. Government flagship programs such as Tunisia 2020, the five-year development plan, and Renewable Energy Action Plan 2030 is expected to drive the industry’s growth over the forecasted period.
Under the Tunisia 2020 national five-year development plan, the government plans to develop several large scale projects in the transport, tourism, energy and utilities, education, healthcare, communication, industrial and housing sectors until 2020. The program involves a total budget of TND127.8 billion (USD60.0 billion), of which TND53.3 billion (USD25.0 billion) will be provided by the government.
The total construction project pipeline in Tunisia are including all mega projects with a value above USD 25 million each, stands at TND 112.4 billion (USD46.4 billion). With 82.4% of the pipeline, value is being in the pre-planning and planning stages as of April 2018.
South Africa
South Africa’s construction industry continues to face tough times amid lower investment in infrastructure by government, low business confidence and lower foreign direct investment.
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