The analyst estimates the construction industry in Cameroon to expand by 4.8% in real terms in 2025, supported by investments in infrastructure, and energy and utilities projects. According to the National Institute of Statistics of Cameroon (NSO), the construction industry’s value-add, 2016 constant prices, rose by 6.9% year on year (YoY) in Q4 2024, preceded by YoY growth of 3.7% in Q3 and 3.9% in Q2 2024. Growth in 2025 will also be supported by the budgetary allocation by the government under the State budget for 2025. In December 2024, the Cameroonian government approved the financial bill of State Budget for 2025, with an expenditure of CFA7.3 trillion ($12.2 billion). The 2025 Budget prioritizes infrastructure development, with the government allocated CFA1.4 trillion ($2.3 billion) to the infrastructure sector, an increase of 21.2% compared with 2024 Budget allocation.
The country’s construction industry is however expected to face downside risks in the short-term owing to significant exposure to foreign exchange fluctuations. According to the Autonomous Sinking Fund (CAA), the country’s public debt manager, 68.5% of the country’s debt denominated in foreign currencies as of May 2025. Of the total foreign currency-denominated debt, 40% of the country’s debt has effective exposure to exchange rate fluctuations.
Over the remainder of the forecast period, the construction industry in Cameroon is expected to register an annual average growth of 5.7% in real terms from 2026 to 2029, supported by public-private sector investment in industrial, transport and energy infrastructure development, coupled with investment under the Stratégie Nationale de Développement 2020-30 plan (National Development Strategy, known as SND30).
The country’s construction industry is however expected to face downside risks in the short-term owing to significant exposure to foreign exchange fluctuations. According to the Autonomous Sinking Fund (CAA), the country’s public debt manager, 68.5% of the country’s debt denominated in foreign currencies as of May 2025. Of the total foreign currency-denominated debt, 40% of the country’s debt has effective exposure to exchange rate fluctuations.
Over the remainder of the forecast period, the construction industry in Cameroon is expected to register an annual average growth of 5.7% in real terms from 2026 to 2029, supported by public-private sector investment in industrial, transport and energy infrastructure development, coupled with investment under the Stratégie Nationale de Développement 2020-30 plan (National Development Strategy, known as SND30).
The Construction in Cameroon - Key Trends and Opportunities to 2029 (H2 2025) report provides detailed market analysis, information, and insights into Cameroon’s construction industry, including:
- Cameroon’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 Cameroon’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.
Scope
This report provides a comprehensive analysis of the construction industry in Cameroon. It provides:
- Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Cameroon, 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
Table of Contents
1 Executive Summary2 Construction Industry: At-a-Glance3 Latest news and developments4 Project analytics5 Construction Market Data6 Risk Profile
7 Appendix
List of Tables
List of Figures