Almost half of all buildings completed in SA in 2022 are in the Western Cape | Western Cape Government

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Almost half of all buildings completed in SA in 2022 are in the Western Cape

18 November 2022

Nearly half (42%) of all buildings completed in South Africa between January and September 2022, are in the Western Cape, with a total value of R21.39 billion, representing a year-on-year growth rate of 30.30%.

As a leading indicator of economic confidence in an economy, building plans passed provides insight into future investment and planned construction. Between January and September 2022, R27.31 billion worth of building plans were passed in the Western Cape, more than any other province, and representing a year-on-year growth rate of 27.50%.

This is the fourth month in a row that the Western Cape has passed the most building plans and has completed the most buildings by value, in South Africa.

This is according to Statistics South Africa’s ‘Selected building statistics of the private sector as reported by local government institutions’ report, released on 17 November 2022.

 

Province

Building Plans Passed

Value Jan – September 2022

% Contribution to the total value of building plans passed Jan – Sep 2022

Building Plans Passed

% Change between Jan – Sep 2021 and Jan – Sep 2022

Buildings Completed

Value Jan – September 2022

% Contribution to the total value of buildings completed Jan – Sep 2022

Buildings Completed

% Change between Jan – Sep 2021 and Jan – Sep 2022

Western Cape

R27.31 billion

31%

27.5%

R21.39 billion

42%

30.3%

Gauteng

R26.47 billion

30%

-1.9%

R14.85 billion

29%

8.0%

KwaZulu-Natal

R15.26 billion

18%

6.8%

R7.68 billion

15%

41.8%

Eastern Cape

R5.68 billion

7%

-9.2%

R2.47 billion

5%

2.3%

Mpumalanga

R3.88 billion

4%

38.9%

R0.93 billion

2%

20.4%

North West

R3.07 billion

4%

-13.3%

R1.47 billion

3%

-18.9%

Limpopo

R2.15 billion

2%

27.6%

R0.84 billion

2%

47.0%

Northern Cape

R1.16 billion

1%

52.4%

R0.60 billion

1%

41.8%

Free State

R1.85 billion

2%

-5.3%

R0.49 billion

1%

-3.5%

South Africa

R86.86 billion

100%

8.0%

R50.75 billion

100%

20.5%

 

While we face challenges in the Western Cape, we are determined to create the right environment for the private sector to expand, to grow the economy and create the jobs we need to improve the lives of our residents.

It is therefore important that building plans convert into building sites, so that we continue to create new construction jobs in the province. Ensuring this conversion takes place will be a priority for me and the provincial government.

 

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Media Enquiries: 

Georgina Maree

Spokesperson for the Provincial Minister of Finance and Economic Opportunities

(Responsible for the Provincial Treasury and the Department of Economic Development and Tourism)

Cell: 076 423 7541

Email: georgina.maree@westerncape.gov.za