37
Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Ghana’s construction industry is projected to grow by 7.6% year-on-year in real terms in 2025, as the sector continues its rebound from the significant contractions witnessed during the peak of the country’s economic crisis, according to new analysis by Fitch Solutions.
The anticipated growth comes on the back of a strong 9.6% expansion in 2024, supported by a recovery in public infrastructure investment and a buoyant real estate market.
Fitch attributes the sector’s resurgence to moderating inflation, improved fiscal space for capital expenditure, and increased demand for residential and commercial infrastructure in key urban centres such as Accra and Kumasi.
Source: newsthemegh.com