Congo, Democratic Republic - ConstructionCongo (DR) - Construction
Overview
The construction industry’s contribution to economic growth has been reduced significantly in recent years due to the influx of Chinese companies which, by many estimates, now manage more than 90 percent of the public and private construction projects in the DRC. In addition, low commodity prices in 2015 and 2016 also slowed demand for construction services. Despite this slowdown, in March 2016, Ministry of Infrastructure and Public Works identified over $6 billion in shovel ready transportation and utilities related infrastructure construction and rehabilitation projects over six years.The construction sector in the DRC is dominated by foreign firms. Chinese firms alone account over half of all public works projects in the DRC, and a significant portion of private construction projects; European construction firms also work extensively in the DRC.
Leading Sub-Sectors
- Health care infrastructure
- Road infrastructure
- Electrical generation and transmission infrastructure
- Water and sewage infrastructure
- Lodging
- Educational infrastructure