In 2023, the construction market in Kenya was valued at $15.6 billion.
It is projected to grow at an average annual growth rate (AAGR) exceeding 5 per cent between 2025 and 2028.
Several factors are expected to drive this growth like the expansion of transport infrastructure, along with enhancements in energy, housing, and industrial facilities, will contribute to the market's growth.
In 2023, the residential construction sector held the largest share of the construction market in Kenya.
In February 2024, the Kenya Electricity Generating Company PLC (KenGen), a state-owned enterprise, revealed plans to develop projects in wind, solar, and geothermal energy.
