Wednesday, 17 September 2014
Construction in South Africa - Key Trends, Size, Share, Growth, Analysis and Opportunities 2018
Moreover, the government has also adopted the National Infrastructure Plan (NIP) and announced National Budget estimates in order to develop the country’s infrastructure. Therefore, a large number of announced projects will provide hope for the construction industry, as corruption, mismanagement and price fixing within the industry all threaten to undermine the proper implementation of these developments. Timetric expects the South African construction industry to record a CAGR of 8.93% over the forecast period (2014–2018).