East Africa: construction boom in East Africa shaping up
The building and construction Industry in East Africa is witnessing a continuous growth
and as a result driving up numbers in employment and productivity, experts have said.
According to East Africa BUILD, the growth and getting more international exposure as the Governments and Trade Associations have boosted the confidence of international investors in the region which is a significant driver of economic activity and development.
“East Africa’s growth in the building and construction sector drives employment and productivity, which encourages government investment in quality infrastructure projects. As East Africa’s population continues to grow, now more than ever, it needs quality infrastructure.”
The African Construction report by Deloitte, states that the number of construction projects in East Africa have gone up by 65.1% between 2016 and 2017 while the increase in the total value of projects has been much lower, but still considerable at 20.7%.
A brand new industry-owned trade show for the building & construction industry has been announced by a team with over 15 years of experience. It will be held for the first time on 20 – 23 September 2018 at the Mlimani City Conference Centre, Dar es Salaam in Tanzania.
It is expected to have over 200 foreign and local exhibitors from over 19 countries which include Turkey, China, India, U.A.E, Germany.
Among the key objectives of the event is to develop the domestic construction industry by introducing the latest products, services and state of the art technology. Delegates will then have the opportunity to meet and network with a variety of people that matter to their business; from existing clients, suppliers, investors and to new customers Government officials, trade officials, importers & exporters and the business community at large.
“With the East African governments set to heavily invest in infrastructure in the next 10 years, there is no better time to bring the industry together than at this national event,” said the Event Director Trindade Neville.