Namibia Infrastructure Q1 2019
The Namibian construction industry will enter a period of slow expansion over our 10-year forecast time frame from2018 to 2027, characterised by investment into logistics infrastructure and commercial property development. Growth willunderperform relative to the previous decade as several major projects have been completed, with a limited project pipeline in placeto support sustained rapid growth. Constrained government revenues, alongside weak private sector involvement in the market, willcontinue to prevent the implementation of more ambitious projects over the coming years.
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