Construction sector expands by 24.7 per cent in first half of 2026
Onderneeming Tract A and B Housing Development on the Essequibo Coast, where 40 three-bedroom, bungalow-style houses are under construction (Ministry of Housing photo)
Onderneeming Tract A and B Housing Development on the Essequibo Coast, where 40 three-bedroom, bungalow-style houses are under construction (Ministry of Housing photo)

GUYANA’S construction sector grew by 24.7 per cent during the first half of 2026, driven by increased public and private investment in infrastructure, housing and other development projects, according to the Government’s 2026 Mid-Year Report.
The sector’s expansion formed part of broader economic growth recorded during the period, with the economy growing by 33.3 per cent and the non-oil economy expanding by 10.1 per cent.
The report said growth in the non-oil economy was driven principally by services, mining and construction, while increased activity in the construction sector was supported by the Government’s expanded Public Sector Investment Programme (PSIP) and private-sector investment.
Construction activity is projected to remain strong for the remainder of the year, with the sector estimated to expand by 27.6 per cent for 2026.
The growth has been accompanied by significant activity in the housing sector, where 3,245 house lots were allocated during the first six months of the year.
Of that total, 65 per cent went to low- and moderate-income households, 27 per cent to middle-income households and eight per cent to young professionals.

A housing development along the East Bank corridor (DPI photo)

The Government also spent $89.9 billion of the $159.1 billion budgeted for affordable housing during the period.
A further 4,883 land titles and transports were distributed during the first half of the year, with more than 2,000 additional documents expected to be distributed during the second half.
The housing programme also recorded physical development across several communities. Works were completed in nine new housing areas during the first half of 2026, while construction and infrastructural works continued in 13 other developments, including Perseverance, Leonora, Wales, Vigilance, Burma and Old England.
According to the report, 483 houses were constructed across the various income categories during the period.
Construction of low- and moderate-income houses continued in Amelia’s Ward, La Reconnaissance and Yarrowkabra, while projects were also advancing in Bartica, Groenveldt, Palmyra and Leonora for middle-income households.
For young professionals, construction was progressing in Great Diamond, La Bonne Intention and Prospect.
The Central Housing and Planning Authority’s (CH&PA) single-window application system also recorded increased activity, with 4,292 applications submitted during the first half of the year.
More than 2,398 applications were finalised for residential, commercial, industrial and institutional developments.
Infrastructural investment has been another major contributor to construction activity.
The report stated that $64.5 billion was spent on roads and bridges during the first six months, including $60.7 billion on road development and rehabilitation.
Among the major projects were the Railway Embankment four-lane highway, the extension of the Ogle-to-Eccles Highway to Providence, the Good Success-to-Timehri road upgrade and the Palmyra-to-Moleson Creek four-lane highway.
Rehabilitation of the Soesdyke-Linden Highway was also ongoing and scheduled for completion during the second half of the year, while works continued on the Parika-to-Goshen route and the Sand Hills-to-Makouria link.
The Government also continued measures aimed at keeping housing construction affordable, including steel and cement subsidies, foundation assistance and construction advancement subsidies.
The Yarrowkabra homestead programme remained among the initiatives being implemented, while assessments continued for interlocking concrete drains and roads in several communities, including Onderneeming, Anna Catherina, La Parfaite Harmonie, Perseverance, Covent Garden, La Bonne Intention, Bath, Palmyra, Bartica, Lethem and Amelia’s Ward.
Work also continued on the development of mini-industrial areas in Golden Grove, Enmore, Wales, Meten-Meer-Zorg and No. 75 Village, alongside improvements to recreational and green spaces.
The report said community infrastructural upgrades also included street lighting and road development.
The construction sector’s performance comes against the backdrop of Guyana’s continued economic expansion, with the first half of 2026 representing the first full six-month period in which four Floating Production, Storage and Offloading (FPSO) vessels were operating simultaneously in the Stabroek Block following the commencement of production by the One Guyana FPSO in August 2025.
The Government’s report said continued investment in infrastructure, housing and community development is intended to strengthen communities and expand access to essential services and opportunities across the country.

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