Executive summary
- The City of Windhoek approved a total of 86 building plans valued at N$ 23,095,218 in January 2023. See figure 1
- Out of 86 building plans approved, 56 were additions plans, 20 were house plans, 6 were wall plans, and 3 were commercial plans
- The number of building plans approved declined by 29% when compared to building plans approved in December 2022. See Figure 2
- During the month under review, a total number of 67 buildings were completed for Windhoek at the value of N$ 35,273,896
- Total buildings completed decreased by 17% when compared to the buildings completed in December 2022
Analysis
- On an annual basis, the number of building plans approved for Windhoek declined by 54%
- For the month under review, the highest number of building plans approved were from Windhoek suburbs with a total of 21 plans (13 addition plans, 4 house plans, 2 commercial plans) valued at N$ 13,622,500
- Klein Windhoek had the second-highest number of building plans approved with a total of 9 plans valued at N$ 922,000
Figure 1: Monthly Building Plans Approved Vs. Buildings Completed, Windhoek (January 2022- January 2023)
Figure 2: Building Plans Approved Monthly % Growth Rates, Windhoek (January 2022- January 2023)
Outlook
- We expect an uptick in the construction sector for 2023. This is supported by the allocations made towards the sector as per the budget statement for FY2023/24. Construction activities include; three new Vocational Training Centres (VTCs) which are under construction in Keetmanshoop, Khorixas, and Nkurenkuru, work has commenced towards the construction of the second Direct Portable Water Reclamation Plant (DPR II), and the upgrading of the Gammams and Otjomuise sewage systems. Moreover, more than N$570 million has been availed in the development budget to cater for the construction and renovation of classrooms as well as other education infrastructures such as hostels and offices