Building projects worth N$62m completed in October

A total of 108 building projects valued at N$62 million were completed in October 2021, with more than half of the money being spent on housing projects, latest figures from the City of Windhoek show.

At least N$15,350,000 was channeled towards commercial projects, while additions came in at N$10,432,500 and public projects at N$2,300,000.

This is a 13% increase against 67 projects completed in October of 2020 with a total value of N$54,948,187.

“Year to date, 1,220 building projects have been completed. However, this includes plans that were approved in prior years," said CoW.

During the period under review, a total of 281 new building plans were received, 290 were approved during October 2021, compared to 247 being approved during September 2021.

“Year to date, CoW has received 2,598 plans and approved 2,241. This leaves a backlog of 357 plans that must still be approved. Some of this backlog was attended to, hence more plans were approved than what was received in October 2021.”

In Swakopmund, a total of 59 building plans with a value of N$36.8 million were approved during October 2021, a 17.4% increase compared to 88 , with a value of N$59 million having been approved during September 2021.

In October, 27 building projects were completed in Swakopmund with a value of N$20.1 million, compared to 34 projects with a value of N$25.6 million having been completed in September.

“ These included 10 new residential projects (N$9.8 million), 15 residential additions and alterations (N$5.2 million) and new industrial buildings (N$5 million).”

Rate this item
(0 votes)
Last modified on Wednesday, 24 November 2021 17:41

Related items

  • Government moves to abolish barriers hindering SME growth

    Mines and Energy Minister Tom Alweendo says government is scaling up efforts to remove constraints that inhibit entrepreneurship activities and the growth of small businesses into medium- and large-scale competitive enterprises.

  • Is Namibia using correct measures to achieve quality education?

    The government regards education as a fundamental human right. Kofi Ananan said: “Education is the great equalizer of our time, it gives hope to the hopeless and creates chances for those without it”. The Dakar Framework for Action on Education noted that quality education is a key enabler for sustainable development. Carol Bellamy, the Chairperson of the Global Partnership for Education said “education should not be seen as a sideline, but as an anchor to development policy”.

  • Three key considerations when embarking on your home-building journey

    Purchasing a new construction home or opting to buy a plot and acquiring the services of a contractor to build your home are becoming popular options for homebuyers. 

  • Enriching generations: The importance of creating an emergency fund

    Life is unpredictable, and financial emergencies can strike when you least expect them. Whether it's a sudden medical expense, a car repair, or a job loss, having a financial safety net can make all the difference.

Joomla! Debug Console

Session

Profile Information

Memory Usage

Database Queries