What are the export opportunities in the construction and infrastructure sector in Nigeria?
The construction industry in Nigeria is expected to grow by 5.7% in 2022, with an annual average growth of 3.2% between 2022 and 2026 . Export opportunities include :
The government’s investment on infrastructure and housing development projects.
The government’s plans to improve energy and transport infrastructure.
The Petroleum Industry Bill (PIB), which was officially passed in July 2021, is expected to bring in new investments in energy infrastructure.
The Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme, which was announced in 2019.
Export opportunities in the construction and infrastructure sector in Nigeria could include supplying building materials such as cement, steel, and glass to neighboring countries in West Africa. Additionally, there may be opportunities to offer expertise in construction project management, engineering services, and architectural design to countries in the region experiencing infrastructure development.
