THE IMPACT OF CONSTRUCTION COMPANIES ON SOCIAL ECONOMIC DEVELOPMENT OF URBAN AREAS. CASE STUDY: KANOMBE SECTOR IN KICUKIRO DISTRICT (2015 2023)

Abstract

The main objective of this study was to assess the impact of construction companies on social economic development of urban areas. Case study: Kanombe sector/ Kicukiro district. The specific objectives were to examine the benefits of construction companies in Kanombe sector, to identify the major factors that contribute to the social economic development in Kanombe sector and to examine the impact of construction companies on social economic development of Kanombe sector. The questionnaire survey conducted in the 100 respondents from the active construction companies in Kanombe sector. Collected data were analyzed by tables and ranked using SPSS software. Based on the findings, it is concluded that the the benefits of constriction companies in urban areas were the job creation, improved infrastructure, housing development, social cohesion, reduction in urban puberty, Community Development Programs and community development. The results showed that the major factors that contribute to the social economic development in Kicukiro sector are government policies and vision, population growth and urbanization, foreign investment and trade, public private partnerships, tourism development and regional integration and trade. The results show that The findings shown that the impact of construction companies on social economic development of Kanombe sector were Urbanization and Economic Growth, Housing market dynamics, Improved Infrastructure and Public Services, Mixed-Use Development and Affordable Housing Initiatives, Portfolio and technology choice of road investments matters for employment, Opportunity to create employment and reduce underemployment through employment in the construction sector, Promotion of investments in roads to reduce poverty and support structural transformation, Prioritization of roads construction to improve labour market access and rural workers income , Policy option to improve women and youth employment, Enhanced housing quality, Environmental sustainability, Promotion of social equity, Improved standard of living and Housing development.