Invest in Construction Materials business in Africa

INVEST IN AFRICA NOW

Set-up your Business in Africa's Key Industrial Zones

Name *

Email *

Phone No. *

Tick if your WhatsApp number is same as the phone number

Investment Sector

Business Opportunity

How may we assist you?

*Note: Name, Email and Phone Number are mandatory.

I agree to the AFI privacy policy.*

I agree to receive e-communications from AFI.

THANK YOU

Our team will get back to you shortly.

Growing demand for the construction material due to the large infrastructure, Housing and growing real estate in the country like Cement, PVC pipes and steel manufacturing.

$29.95 Bn

Market Size

3.76%

CAGR

$34.71 Bn

Forecast

Untapped Potential: Invest in Construction Materials Industry in IPR, Nigeria

Nigeria's construction industry is experiencing a monumental surge, fueled by rapid urbanization and government investments. According to the World Bank, Nigeria's urban population is projected to reach over 230 million by 2050. This translates to a massive demand for building materials, with the market size expected to boom.

This data paints a clear picture: a booming construction sector hungry for materials. IPR zones offer investors a strategic launchpad to capitalize on this opportunity. With their proximity to major cities, tax breaks, and streamlined regulations, these zones create a fertile ground for construction material businesses. Investors can cater to specific needs, like domestically produced cement (Nigeria currently relies heavily on imports) or efficient ready-mix concrete production within IPR zones. By addressing challenges like competition and workforce training, investors can become key players in fulfilling Nigeria's construction material needs and contributing to the nation's infrastructural development

Social Spotlight

Latest Insights