AECOM launches 30th edition of Africa Property & Construction Cost Guide

20 June 2019
Integrated infrastructure delivery company AECOM has launched its Africa Property & Construction Cost Guide 2019/20 in conjunction with its strategic partner, the Bureau of Economic Research (BER) at the University of Stellenbosch.
Document Downloads 
application/msword iconAECOM launches Africa Property Construction Guide 2019-20_approved35.5 KBDownload
PreviewDirector – PCC, Africa Dean Narainsamy2.94 MBDownload
PreviewProperty & Construction Cover475.96 KBDownload
PreviewThe Cost Guide forms part of AECOM’s commitment to improving project delivery by conducting unique research into the broader ind1.26 MBDownload
PreviewThe Cost Guide notes that there is an ever-growing need to finance infrastructure on the continent.1.28 MBDownload
application/pdf iconProperty & Construction Cost Guide 2019 Digital3.62 MBDownload

The Cost Guide forms part of AECOM’s commitment to improving project delivery by conducting unique research into the broader industry. “Our goal is to unlock the transformational change and innovation required to move the industry forward,” Director – PCC, Africa Dean Narainsamy comments.  “In each of the 30 editions, we’ve shared our knowledge of Africa’s economy and construction sector, contributing to the wider discussion on how to unlock investment opportunities across Africa.”

“The most well-read section in all editions remains the building cost rates for South Africa,” comments Director – PCC, Africa Dean Narainsamy. “Ranging from commercial and retail developments, to industrial and healthcare facilities, we share our insight into the inclusive building costs rates per metre squared, allowing our clients to quickly estimate the building cost of potential assets and ultimately its return on investment.”  

The Cost Guide notes that there is an ever-growing need to finance infrastructure on the continent. A number of countries are now prioritising this, following a realisation of the importance of industrialisation to not only maintain growth in their economies, but also to diversify by exporting goods and services. This will generate much-needed jobs for an increasingly younger population. A developing industrial sector on the continent also requires more infrastructure investment, particularly in power, water, and transportation services, which are already over-stretched.

Increased oil prices and the stabilisation of commodity prices have strengthened the forecast for GDP growth on the continent, with predictions of collective growth of 3% to 4% for 2019/20, and individual countries increasing by as much as 7% to 8%.

Although some growth is evident in the construction sector in North Africa, this has been restricted to a few countries that have stabilised following the Arab Spring. In sub-Saharan Africa, there is steady growth in the infrastructure and construction sectors, as well as in East and West Africa.

The Cost Guide concludes that Africa continues to grow, with a steady increase of larger infrastructure and construction projects coming to market that will provide the opportunities for investment and service providers for 2019 and beyond.

AECOM employs 650 people in its Africa operations at present, with a project presence in over 40 countries. “With experienced professionals in multiple strategic locations, we understand Africa’s specific infrastructure needs, as well as the challenges inherent in working on our wonderfully diverse, vibrant, and complex continent,” Narainsamy concludes.


Notes to the Editor
To download hi-res images for this release, please visit and click the AECOM link to view the company’s press office.


AECOM is built to deliver a better world. We design, build, finance and operate critical infrastructure assets for governments, businesses and organisations in more than 150 countries through 87,000 employees. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $20.2 billion during fiscal year 2018. See how we deliver what others can only imagine at and @AECOM.

AECOM Contact

Lara Lombard

Communications & Marketing Officer, EMIA, Africa

Phone: (012) 421 3832

Email: lara [dot] lombard [at] aecom [dot] com


Media Contact
Renay Tandy
NGAGE Public Relations
Phone: (011) 867-7763
Fax: 086 512 3352
Cell: 082 562 5088
Email: renay [at] ngage [dot] co [dot] za