Mozambique Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

The Construction in Mozambique - Country Briefing (H2 2024) report provides detailed market analysis, information, and insights into Mozambique’s construction industry, including:

• Mozambique’s construction industry's growth prospects by market, project type and construction activity
• Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Mozambique’s construction industry
• Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

The construction industry in Mozambique is expected to grow by 1.2% in real terms in 2024, supported by investments in energy, transport, and infrastructure projects. In December 2023, Mozambique’s parliament approved the 2024 Economic and Social Plan and State Budget (PESDE), amounting to MZN567.8 billion ($58.6 billion). With this budget, the government aims to grow the economy by 5.5% in 2024.

Mozambique’s construction industry is expected to register an annual average growth rate of 4.6% in real terms from 2025 to 2028, supported by investments in energy, transport, and telecommunication infrastructure projects. Among the recent developments, in October 2024, the government reported that it will invest MZN13.2 billion ($200 million) in the construction of Mocuba Ring Road and bridge over the Licungo river in Zambézia. This project includes the construction of a 1.9km bridge and a 19km ring road. The construction of this project is expected to start by September 2025 and is expected to be completed by 2030. In another development, in August 2024, the chairman of the CFM Board of Directors, Agostinho Langa announced that the state-owned Railway company, Caminhos de Ferro de Moçambique (CMF), will invest MZN7 billion ($105.8 million) for the reconstruction and modernization works of the second oil terminal at the port of Beira, in Sofala.

Scope

This report provides a comprehensive analysis of the construction industry in Mozambique. It provides:

• Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Mozambique, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
• Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
• Listings of major projects, in addition to details of leading contractors and consultants

Reasons to Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using the analyst's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors