ConstructAfrica has announced the launch of its latest ‘Nigeria Construction Market Report’. The report provides strategic insights into the country’s construction sector and identifies opportunities.
The Nigerian construction market is valued at about US$39.5 billion. The sector’s contribution to the country’s economy stood at 9.56% and grew by 4.8% in the first quarter of 2022.
It is the largest country in Africa by population and gross domestic product (GDP). The government at all levels is committed to infrastructure development, with the private sector actively responding to the call for partnership by the government. There is a huge advantage for early entrants as the urbanization rate grows.
The government looks to embark on 11,800 new projects and continue old ones. These projects, valued at over NGN3.6 trillion, would involve constructing schools, hospitals, roads, bridges, houses, energy, and telecommunication infrastructure.
Therefore, if you’ve been thinking about entering the Nigerian construction industry, there’s no better time.
ConstructAfrica have worked with specialists to create this Nigeria construction market report which will give you all the information you need to succeed in the Nigerian construction market.
The Exporting from the UK section of the Construct UK Directory includes
– International Construction Exhibitions – UK Government Support for Exhibiting Overseas – Identifying Suitable Markets – Agent or Distributor – International Project Lead Sources
After reading the report, you will:
- Understand challenges and opportunities in the Nigerian construction market.
- Gain insight into upcoming and ongoing projects in Nigeria.
- Identify key players in the Nigerian construction industry.
- Obtain a forecast for the future direction of the market.
Download a free Sample Presentation of the Nigeria Construction Market Report here.
The Construct UK Sales & Marketing Directory hosts over 75 articles, 1,000 construction events and 30 different databases for download. The annual £195 (+VAT) subscription fee provides unlimited access to all resources on the site.
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