Report by: Monika Kristof
Executive summary
- The number of building plans approved by the City of Windhoek for January 2021 increased with 1 additional plan as compared to December 2020. See Figure 1.
- The city approved a total of 131 building plans with 71 Addition plans,50 house plans,9 wall plans and 1 commercial plan at the value of N$ 84 520 349 for January 2021.
Analysis
- On an annual basis the number of building plans approved for Windhoek experienced a growth of (31.07%) for January 2021 from a depressing (-7.93%) that was recorded January 2020 due to COVID-19 restrictions. See figure 2.
- Khomasdal suburb recorded the highest number of building plans approved for January 2021 with 20 plans (9 addition plans ,10 house plans and 1 wall plan), valued at N$ N$ 12 262 00.
- Rocky crest suburb recorded the second highest number of building plans approved with a total of 17 plans with (6 addition plans and 11 house plans), valued at N$ 9 986 500 for January 2021.
- No building plans were approved for Brakwater, Cimbebasia and Hochlandpark suburbs for the month of January 2021.
Outlook
- Windhoek’s construction industry remains under pressure but there are green shoots on the horizon.
- We anticipate the construction industry to start picking up to its previous highs around the second quarter of 2021.
Figure1: Monthly Building Plans Approved, Windhoek
Figure 2: Building Plans Approved Annual growth rates, Windhoek
