Namibia: Construction Sector Set to Surge in 2025 – Simonis Storm

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 largely…