The construction sector in Kenya suffered a decline in 2022 according to a report released by the Architectural Association of Kenya (AAK), attributable to election jitters and the war in Ukraine among other factors.
The Status of the Built Environment Jan-Dec 2022 notes that the sector shrank noticeably throughout the year as evidenced by figures from the Kenya National Bureau of Statistics (KNBS).
The KNBS Q3 Gross Domestic Product (GDP) report shows the sector was at 6.4% in Q1, 5.8% in Q2 and 4.3% in Q3. The same is seen in cement consumption and import of construction material. The same trend was also seen in the real estate sector with Q1 at 6.1%, Q2 at 5.5% and Q3 at 5.1%.
But AAK notes that despite the contraction, significant projects were accomplished. It cites the Nairobi Expressway, the Makupa Bridge and the Nairobi Eastern Bypass among others.
Download a copy of the full report here https://aak.or.ke/download/the-status-of-the-built-environment-report-january-december-2022/ .
