Madagascar construction costs rise 50% after cyclone Gezani

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•Cyclone Gezani recently struck Madagascar, causing widespread damage.
•Construction material and labor costs have risen by 50% since the cyclone.
•The cost increase affects rebuilding of homes, public buildings, and infrastructure.
•The price surge impacts both government reconstruction projects and private construction efforts.

What Could Happen If...

▸If the Madagascar government increases funding for reconstruction recovery efforts could accelerate, benefiting affected communities and the economy

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🌍Madagascar

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WESTFrance24 - World (EN)Madagascar: Construction costs surge 50% after cyclone Gezani

Construction costs in Madagascar have increased by 50% following the damage caused by cyclone Gezani. The surge in prices affects rebuilding efforts and infrastructure projects across the country, impacting local communities and the economy. The rise in costs may slow recovery and increase financial strain on both public and private sectors.