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Ivory Coast | ZIC
The ceramics industry in Ivory Coast is a prime investment opportunity, given the country's abundant natural resources, expanding construction sector, and increasing demand for quality building materials. With ongoing infrastructure projects and favorable government policies, the market offers significant returns and sustainable growth potential.
The ceramics industry in Ivory Coast is a prime investment opportunity, given the country's abundant natural resources, expanding construction sector, and increasing demand for quality building materials. With ongoing infrastructure projects and favorable government policies, the market offers significant returns and sustainable growth potential.
$295.26 Bn, with a CAGR of 7.9%
global market forecast
60,000 MT
of annual production
Booming Construction Sector: Africa's construction industry is projected to grow at a CAGR of around 6.4% from 2021 to 2026, driven by urbanization, population growth, and extensive infrastructure projects.
High Demand for Construction Materials: The increasing need for residential, commercial, and industrial buildings boosts demand for ceramic tiles, sanitary ware, and other ceramic construction materials.
Abundant Raw Materials: Ivory Coast has abundant clay and other raw materials required for ceramics production, reducing material costs and ensuring a steady supply.
Growing Middle Class and Urbanization: The expanding middle class and rapid urbanization in Ivory Coast drive demand for high-quality construction materials, including ceramics.
Well-Developed Infrastructure: The ZIC zone boasts excellent infrastructure, including roads, ports, and power supply. Its proximity to the major port of Abidjan facilitates efficient logistics and reduces transportation costs.
Government Support and Investment Incentives: Ivory Coast's government offers incentives such as tax breaks, reduced tariffs, and support for infrastructure development, making it attractive for foreign investors.
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