Namibia: Seventy-Three Building Plans Valued At N$71.9 Million Approved

A total of 73 building plans valued at N$71.9 million were approved by the City of Windhoek in December 2015, while no data was recorded for the number of building plans that were completed during the month, a recent report by IJG indicated.

IJG said, "on a year to date basis, 2,467 plans were approved with a value of N$2.1 billion, versus 2,846 plans valued at N$2.2 billion for 2014. This represents a 4.4% decrease in the value of plans approved on a year to date basis, largely due to base effects. 382 residential units were approved by the municipality during 2015, with the yearly figure down 15.7% on 2014.

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