Namibia: City of Windhoek Approves 172 Building Plans in February

A total of 172 building plans were approved by the City of Windhoek in February, showing a slight increase in the number of plans approved when compared to the 162 building plans approved in January.

However, in monetary terms, the approvals were valued at N$173.2 million, a decrease of N$99.5 million compared to last month. According to a report by IJG Securities, 49 Buildings with a value of N$34.36 million were completed during February. The year-to-date value of approved building plans currently stands at N$445.8 million, 28.4% higher than the corresponding period in 2018.

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