Posted in | News

South African Construction Industry Forecast to Grow at 10.87% CAGR till 2017

Research and Markets has announced the addition of the "Construction in South Africa - Key Trends and Opportunities to 2017" report to their offering.

The South African construction industry recorded a CAGR of 13.72% during the review period. The construction industry output slowed following the 2010 FIFA World Cup, but has started to recover. Under the National Infrastructure Plan (NIP) that was adopted in 2012, the government will invest ZAR827 billion (US$100.8 billion) in infrastructure development over the forecast period.

The country faces a substantial housing deficit and will need government support to develop public housing and drive the residential construction market. The industrial sector, which had benefited from low wages, now faces labor unrest and will have to focus on increasing productivity to remain competitive.

While the large number of projects announced provides hope for the construction industry, corruption, mismanagement and price fixing threaten to undermine the proper implementation of these developments. Expects the South African construction industry to record a CAGR of 10.87% over the forecast period.

This report provides detailed market analysis, information and insights into the South African construction market, including:

  • The South African construction market's growth prospects by sector, project type and type of construction activity
  • Analysis of equipment, material and service costs across each project type within South Africa
  • Critical insight into the impact of industry trends and issues and the risks and opportunities they present to participants in the South African construction market
  • Assessment of the competitive forces facing the construction industry in South Africa and profiles of the leading players
  • Data highlights of the largest construction projects in South Africa

Key Topics Covered:

1 Executive Summary

2 Market Overview

3 Commercial Construction

4 Industrial Construction

5 Infrastructure Construction

6 Institutional Construction

7 Residential Construction

8 Company Profile: Aveng Ltd

9 Company Profile: Murray & Roberts Holdings Ltd

10 Company Profile: Wilson Bayly Holmes-Ovcon Ltd

11 Company Profile: Group Five Ltd

12 Company Profile: Basil Read Holdings Ltd

13 Market Data Analysis

14 Appendix

Companies Mentioned

  • Aveng Ltd
  • Basil Read Holdings Ltd
  • Group Five Ltd
  • Murray & Roberts Holdings Ltd
  • Wilson Bayly Holmes-Ovcon Ltd

For more information visit http://www.researchandmarkets.com/research/6dxl5m/construction_in.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.