Construction in Lesotho is an important sector of the economy and is a major contributor to the country’s GDP. The sector is made up of a wide range of activities including residential, commercial and industrial construction, as well as infrastructure projects such as roads, bridges and dams. The industry is largely driven by government-funded projects, although private sector investment is also increasing.
The sector is highly regulated, with the government setting standards and issuing permits for all construction activities. The government also provides incentives for foreign investors, such as tax holidays and reduced customs duties. This has helped to attract international companies to the country, resulting in increased investment and a more dynamic construction industry.
The construction sector in Lesotho is highly competitive and has seen significant growth in recent years. This has been driven by increased public sector investment and the emergence of new technology and building materials. The industry is well-developed, with a wide range of construction services available, including architects, engineers, contractors and surveyors.
Overall, construction in Lesotho is an important part of the economy and is set to continue to grow and develop in the coming years. It is an industry that is well-regarded for its efficiency and quality, and provides employment for many people across the country.
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