$23 Bn
Market Size
7.8%
Forecast
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ZIC is actively inviting investors to put up construction and construction related products manufacturing facility to cater to a US$ 35 Billion construction industry of Western African states.
ZIC is actively inviting investors to put up construction and construction related products manufacturing facility to cater to a US$ 35 Billion construction industry of Western African states.
$23 Bn
Market Size
7.8%
Forecast
The construction materials market in Côte d'Ivoire is thriving, fueled by government investment in infrastructure projects and a rapidly urbanizing population. Data paints a promising picture: the Ivorian construction sector is projected to grow by 7.8% annually by 2025, reaching a value of USD 23 billion in 2023. This significant growth creates a lucrative space for ZIC-based construction material suppliers.
ZIC offers a strategic location for investment with easy access to major development projects in Abidjan, minimizing transportation costs. Its position as a gateway to West Africa (ECOWAS market with a combined GDP exceeding USD 700 billion) allows for substantial export potential. The Ivorian government may incentivize investment through potential tax breaks on imported machinery and reduced duties on locally produced materials. Additionally, ZIC boasts well-developed infrastructure and easy access to domestic raw materials like sand, gravel, and limestone.
Cement
Ceramics
Glass Manufacturing
Forecast
$12 Bn
Glass Container Demand
5 Mn Tons
Hardware Products
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