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Namibia: Construction sector set to surge in 2025 – Simonis Storm – News

Namibia: Construction sector set to surge in 2025 – Simonis Storm – News

Africa Links 24 with Staff Reporter
Published on 2025-05-20 16:00:00

Namibia’s construction sector is expected to be the fastest-growing industry in 2025, with a projected expansion of 8.5%, despite its relatively small contribution of 1.4% to the gross domestic product in 2024.

This is according to Simonis Storm economist Almandro Jansen, who says a mix of supportive economic policies, increased public investment, and improved private sector sentiment will drive growth.

“Total output is expected to reach approximately N$4.3 billion, with momentum…

Read the Full article on The Namibian

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