The Nigeria Construction Market Report for 2022 is OUT!!

AL MARYAH, UAE - Jan. 26, 2023 - PRLog -- The Nigerian construction market is valued at about US$39.5 billion. The sector's contribution to the country's economy stood at 9.56% and grew by 4.8% in the first quarter of 2022.

And with extensive natural resources, a high volume of young and cheap labor, a fast-growing consumer market, and immense investment opportunities in energy and infrastructure, the West African country will always be a target destination for many large economies.

Nigeria is the largest country in Africa by population and gross domestic product (GDP). The government at all levels is committed to infrastructure development, with the private sector actively responding to the call for partnership by the government. There is a huge advantage for early entrants as the urbanization rate grows.

The government looks to embark on 11,800 new projects and continue old ones. These projects, valued at over NGN3.6 trillion, would involve constructing schools, hospitals, roads, bridges, houses, energy, and telecommunication infrastructure.

ConstructAfrica worked with diligent specialists to create this Nigeria construction market report that delivers all the information needed to succeed in the Nigerian construction market.

Readers of the report will:

• Understand challenges and opportunities in the Nigerian construction market.
• Gain insight into upcoming and ongoing projects in Nigeria.
• Identify key players in the Nigerian construction industry.
• Obtain a forecast for the future direction of the market.

To Download the 2022 Nigeria Construction Market Report Sample Presentation for FREE, please click : http://nigeriareport.constructafrica.com