Posted on :Wednesday , 3rd February 2016

 As the international construction market becomes more globalised and competition for untapped markets increase, Africa especially East Africa has seen extensive influx of foreign capital. Increasingly firms are taking advantage of the lucrative potential of a continent that is still largely lacking access to basic infrastructure, to build adequate transport networks, water supply, functional power grids and formal housing for its growing population. A recent report by Deloitte remarked that “in a short space of time, [Africa] suddenly resembles a massive construction site” and according to KPMG’s Global Construction Survey, over 50 per cent of senior leaders in the industry see the continent as one of the most popular prospects for corporate expansion. Three key engineering segments are seen as most lucrative for investment: transport, water supply, and power.