Construction & Real Estate
Following the construction surge leading up to the 2012 Africa Cup of Nations, the sector’s focus shifted towards improving infrastructure, roads and housing. However, the economic malaise facing Gabon in light of the domestic debt crisis, coupled with the subsequent reduction in oil prices, has translated into a serious slowdown in the construction sector, which shrunk by 3% in 2015. While the 2017 Africa Cup of Nations will create some construction demand, the main industry drivers are expected to be infrastructure and housing. A network of roads and bridges connecting Libreville to Port-Gentil is slated to open in 2017, which will also drive a reduction in transport costs that should yield both cheaper inputs and construction materials.
This chapter contains an interview with Salim Kaddouri, Director-General, CIMAF Gabon; and Deputy Director-General, Cimgabon.