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In Uganda, the lack of affordable building supplies, fast population increase, and low household incomes make it difficult for people with low wages to afford appropriate housing.
Inadequate construction by-laws, standards, and regulations, insecure land tenure, and limited access to acceptable and inexpensive building materials and designs are some of the factors that limit the availability of decent housing.
The study focuses on the utilisation of local building materials’ ability to provide low-income earners’ access to adequate housing while looking at issues with affordable housing in Uganda.
Building Materials are those that help in building houses and buildings of any shape and size.
The Uganda Building Materials Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
According to Daily Monitor, the cost of several building materials has increased significantly across the nation in the previous three months.
The worst cost pressure is being felt by clients and vendors. The cost of transporting the materials to different locations has been impacted by the costs.
The industry’s leading figures blame the increase on a lack of basic materials and rising fuel costs. Truck drivers have been ordered to line up at the various plants because there is a shortage of cement, and what is available is rationed.
According to a mini-survey conducted by Daily Monitor on Monday among significant municipalities, cities, and town councils, the cost of cement, twisted bars, and other construction materials has increased, leaving many customers debating whether to move forward with their projects or put them on hold until prices stabilise.
