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Angola Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028

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    Report

  • 44 Pages
  • February 2024
  • Region: Angola
  • GlobalData
  • ID: 5742650
Description Jump to:
The Angolan construction industry is expected to grow in real terms by 5.3% in 2024, supported by stronger development in civil engineering, transportation developments, and an increase in investments in the renewable energy, oil and gas markets. In October 2023, the Angolan government announced an investment of AOA9.4 trillion ($17.2 billion) to support the installation of energy capacity estimated at 8,000MW by 2027. Growth in 2024 will also be supported by public and private investments to aid construction of affordable housing units in the country. In January 2024, Mota-Engil, a Portuguese civil construction company, planned to invest AOA365.1 billion ($670 million) by 2027 for the construction of 2,000 housing units in Luanda.

The industry’s output is expected to grow at annual average rate of 5.8% between 2025 and 2028, supported by the development of oil and gas, energy, transportation, and industrial projects. Azule Energy, Angola's largest private oil and gas company, planned to invest AOA3.8 trillion ($7 billion) in October 2023, for drilling of exploration wells in the country by 2027. Under this project, the country plans to construct a new floating production, storage and offloading vessel (FPSO) and aims to increase its oil and gas production capacity to 250,000 barrels per day (bpd) by 2026. Similarly, in October 2023, the Angolan government signed a contract worth AOA3.3 trillion ($6 billion) with China National Chemical Engineering Co., a chinese company, for the construction of 200,000 bpd oil refinery in Lobito.

The Construction in Angola - Key Trends and Opportunities to 2028 (H1 2024) report provides detailed market analysis, information and insights into the Angolan construction industry, including -

  • The Angolan 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 the Angolan construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Angola. It provides -

  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Angola, 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 the 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 strategy using the critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

1 Executive Summary2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
  • Outlook
  • Latest news and developments
4.2 Commercial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.3 Industrial Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.4 Infrastructure Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.5 Energy and Utilities Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.6 Institutional Construction
  • Outlook
  • Project analytics
  • Latest news and developments
4.7 Residential Construction
  • Outlook
  • Project analytics
  • Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
  • About the Publisher
  • Contact the Publisher
List of Tables
Table 1: Construction Industry Key Data
Table 2: Angola, Key Economic Indicators
Table 3: Angola, Commercial Construction Output by Project Type (Real % Change), 2019-28
Table 4: Angola, Top Commercial Construction Projects by Value
Table 5: Angola, Industrial Construction Output by Project Type (Real % Change), 2019-28
Table 6: Angola, Top Industrial Construction Projects by Value
Table 7: Angola, Infrastructure Construction Output by Project Type (Real % Change), 2019-28
Table 8: Angola, Top Infrastructure Construction Projects by Value
Table 9: Angola, Energy and Utilities Construction Output by Project Type (Real % Change), 2019-28
Table 10: Angola, Top Energy and Utilities Construction Projects by Value
Table 11: Angola, Institutional Construction Output by Project Type (Real % Change), 2019-28
Table 12: Angola, Top Institutional Construction Projects by Value
Table 13: Angola, Residential Construction Output by Project Type (Real % Change), 2019-28
Table 14: Angola, Top Residential Construction Projects by Value
Table 15: Angola, Key Contractors
Table 16: Angola, Key Consultants
Table 17: Angola, Construction Output Value (Real, $ Million)
Table 18: Angola, Construction Output Value (Nominal, AOA Billion)
Table 19: Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: Sub-Saharan Africa, Construction Output (Real % Change), 2022-28
Figure 2: Angola, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Angola, Risk Summary
Figure 4: Angola, Risk Regional Comparison
Figure 5: Angola, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Angola, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Angola, Construction Value Add, Seasonally Adjusted (AOA Million, 2002 Constant Prices)
Figure 8: Angola, Construction Materials Prices Index (IPMC), 2015=100
Figure 9: Angola, Economic Sentiment in the Construction Industry
Figure 10: Angola, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 11: Angola, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 12: Angola, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 13: Angola, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 14: Angola, Manufacturing Industry Value Add, Seasonally Adjusted (AOA Million, 2002 Constant Prices)
Figure 15: Angola, Total exports (AOA Billion)
Figure 16: Angola, Industrial and Manufacturing Production Index
Figure 17: Angola, Mining Production Index, % Change YoY
Figure 18: Angola, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 19: Angola, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 20: Angola, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 21: Angola, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Angola, Oil Extraction and Refining Sector Value Add, Seasonally Adjusted (AOA Million, 2002 Constant Prices)
Figure 23: Angola, Electricity and Water Sector Value Add, Seasonally Adjusted (AOA Million, 2002 Constant Prices)
Figure 24: Angola, Crude Oil Production, in Thousand Barrels Per Day (tb/d)
Figure 25: Angola, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 26: Angola, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Angola, Public Administration and Defense Sector Value Add (AOA Million, 2007 Constant Prices)
Figure 28: Angola, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 29: Angola, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 30: Angola, Real Estate and Rental Services Value Add, Seasonally Adjusted (AOA Million, 2002 Constant Prices)
Figure 31: Angola, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 32: Angola, Headquarters of Key Consultants (% of Total Project Pipeline)

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