BMI View: Kenya's construction industry will record robust growth over our forecast period, driven by
investment into transport networks, expansion in the power sector and the growth of Nairobi's real estate
sector. Foreign direct investment, particularly from China, ..."
BMI View: Following higher than expected real growth in 2015, we have adjusted our forecasts for 2016 to
9.8%. Key drivers of growth remain efforts to integrate regional transport links and investment in Nairobi's
real estate sector. We highlight the government's effo ..."
BMI View: Kenya's construction and infrastructure sector is forecast to grow 8.35% y-o-y in 2016 and
remain buoyant over our 10-year forecast period, only moderating towards the end of our outlook.
Advancements in regional transport integration and expansion of the re ..."
BMI View: Kenya's construction and infrastructure sector is forecast to grow at 9% y-o-y in 2015 and will
maintain strong growth over our 10-year forecast, only starting to moderate towards end of our outlook.
Economic headwinds from currency devaluation and rising in ..."
BMI View: Kenya's construction and infrastructure sector is forecasts to grow at 9% year-on-year in 2015
and will maintain positive growth over our 10-year forecast period to 2024. Insecurity in parts of the
country as well as the devolution of fiscal powers will see ..."
BMI View: Kenya's construction and infrastructure sector is set to maintain positive growth this year but
damage to investor confidence is likely to remain a dampner on upside potential. Growing insecurity in the
country has limited forecasts for growth at 7.9% year-o ..."
BMI View: Despite a rebasing of the Kenyan economy, we are maintaining our forecasts for Kenya's
construction industry. Growth over 2015 will suffer, following damage to investor confidence in the wake of
growing insecurity in Kenya and consequently we forecast growth ..."
BMI View: Despite 2013 construction growth underperforming expectations, our view for the industry to
accelerate has played out and we forecast this trend to continue in 2014 with anticipated real growth of
6.2% y-o-y. Conducive financing conditions, thanks to an immi ..."
BMI View: The uptick in growth that we forecast for 2013 has played out. Although full-year data is yet to
be released, the Kenyan construction industry grew by an average of 11.1% over the first three quarters of
2013. As such, we now estimate that full-year growth w ..."
BMI View: Growth is set to have picked up over 2013, although we have moderated our forecast to 4%
year-on-year (y-o-y), down from 4.3%. There was a marked decline in Kenya's construction sector over
2012, in light of tough credit conditions. Across 2014-2022 we antic ..."