Enza says it will take two years for construction industry to recover
Construction company expects public infrastructure projects to drive the industry
The construction industry, ravaged by lack of work in recent years, will take up to two years to find its feet again, says Enza Construction Group’s executive director Clinton Crowie.
In recent years former construction giants such as Basil Read and Group Five collapsed, citing a lack of state infrastructure work after the 2010 World Cup. These companies also ran off high cost bases as they did work in faraway places, with Group Five investing in road concessions work in Hungary and Basil Read’s airport project in St Helena...
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