The collapsed pedestrian bridge on the M1 highway in Sandton is an unfortunate metaphor of what the sector is going through at present.
Business updates by construction firms show their order books have generally bulked up or remained stable.
To satisfy SA’s infrastructure requirements, government is slowly realising that it will have to leverage private-sector funds
Construction group WBHO says despite the recessionary conditions its South African construction outlook remained positive.
PUBLIC Works Minister Stella Sigcau said yesterday that 30% of the construction industry should be required to be in black hands by 2008, and the figure should be increased to more than 45% from 2009 onwards.
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