BMI View: Investment flows to bring Uganda's oil reserves will be the main driver of construction industry
growth throughout our forecast period, through the development of the nascent oil industry and the
Forecast & Industry Develo ..."
BMI View: Uganda's construction sector is forecast to expand by 7.7% in real terms over our full forecast
period, with investment flows into bringing Uganda's oil reserves online a major driver of growth, along
with improvements to overall logistics capacity. Addition ..."
BMI View: Uganda's construction sector will expand throughout our 10-year forecast period up to 2025,
recording 7.1% growth in real terms in 2016 and averaging annual growth of 7.9% over the next five.
Infrastructure related to the development of Uganda's oil reserves ..."
BMI View: Uganda's construction sector is forecasted to grow at 7.1% y-o-y in 2016, increasing to 10.1%
in 2020 off the back of oil production flows, and remaining at an average of 7.7% over our 10-year forecast
up to 2024. Central to this growth will be the developme ..."
BMI View: Robust economic growth will continue to drive the construction industry over the coming
years, with the sector set to expand over 2015 by 7.3% y-o-y. While public investment in the sector will
also support growth, we expect the government to face increasing ..."
BMI View: Robust economic growth will continue to drive construction industry growth over the coming
years, with the industry set to expand in real terms over 2015 by 7.3% year-on-year. While public
investment in the sector, particularly in the run-up to the 2016 elec ..."
BMI View: While we maintain our forecasts for 7.3% year-on-year (y-o-y) growth in Uganda's
construction industry in 2015 we have revised down our estimates of growth for 2014 to around 7% yearon-
year (y-o-y) from 9.5%, on account of sluggish economic performance. Alt ..."
BMI View: The Ugandan government remains committed to the country's infrastructure development, and
Uganda's growing economy and continued progress towards bringing the country's oil reserves online are
eliciting private interest in the market. As such we are maintain ..."
BMI View: We have dropped our forecasts for real growth in Uganda's construction sector in 2014 to
9.9% year-on-year, in light of a tightened fiscal environment for the government and a weaker performance
by the economy. Overall, we still remain positive on the growth ..."
BMI View: Owing to a buoyant economic outlook, we expect that the Ugandan construction sector should
enjoy solid growth of 11.4% in 2014. Lending rates are becoming more conducive for the residential and
non-residential sector and the government is set to have an expa ..."