Deerfield Beach, FL -- (SBWIRE) -- 09/03/2015 -- Construction Market in Nigeria to grow at a CAGR of 12.10% over the period 2014-2019. The Construction market in Nigeria has scripted a new growth story for itself, driven by domestic demand and foreign investment, among other factors. The Nigerian economy became the single largest economy in the continent of Africa after rebasing in 2013. The steady increase in urban population of Nigeria combined with the robust and sustained economic growth in the country are attributed to the steady growth of the Construction market in Nigeria during the forecast period.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Construction market in Nigeria for the period 2015-2019. A detailed segmentation of the Construction market in Nigeria by sector is provided in the report. The report also forecasts the investments in residential and non-residential construction in Nigeria during the period of 2015-2019. The report presents the vendor landscape and a corresponding detailed analysis of the key vendors and a brief description about other prominent vendors operating in the market. In addition, the report discusses the major drivers that influence the growth of the Construction market in Nigeria. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Key Regions:
Nigeria
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Key Vendors:
Daewoo E&C
Evomec Global Services
Julius Berger Nigeria
Setraco Nigeria
Other Prominent Vendors
Ascot Africa
Dutum Group
Market Driver:
Robust and Sustained Economic Growth
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Market Challenge:
Financing Infrastructure Projects
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Market Trend:
Increase in Public Sector Expenditure
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