The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: Botswana's construction industry, especially the infrastructure sector, is heading into a period
of sustained growth on the back of continued investment in the mining sector and the development of
associated transport and power infrastructure. Additionally, the latest stimulus measures announced by the
government may provide some upside to growth rates.
Latest Updates And Structural Trends
? We expect construction industry real growth to accelerate to 6.9% in 2016, following a weak 3.2% in
? Growth will be driven by government stimulus efforts and a recovery in mining sector investment as
commodity prices begin to slowly rise, following a bottoming this year.
? The power sector will be a major target of government infrastructure development plans as inadequate
capacity has been a major drag on the economy in the last few years.