Infrastructure projects could save SA’s ailing construction sector
However, policy certainty and commitment to resolving critical issues are first required from the government, writes Euan Massey
Increased infrastructure projects could be the impetus for an uptick in the ailing construction sector this year, which currently faces tight (and reducing) budgets, difficult trading conditions and adversarial contracts. Several projects across the energy, water and transport infrastructure sectors could create improved conditions and provide much-needed work.
The caveat is that policy certainty and commitment to resolving critical issues are required from the government. In addition, diminished contractor capacity may mean more work for those businesses that have managed to weather the storm...