A nation’s physical infrastructure is one of the best indicators of its likely prosperity, infrastructure is a requirement for economic growth and prosperity.
The shortage of skills and other challenges facing the construction industry are up for discussion this week at the second built environment conference, currently on the go in Port Elizabeth.
There are some broader implications of South Africa’s groaning infrastructure for investors in general and Property Unit Trusts (PUTs) in particular
Spending on construction could exceed R100bn this year due to low interest and inflation rates, says the Master Builders Association of SA.
CONSTRUCTION company Group Five is concerned that a shortage of skills in the construction industry may negatively affect the massive infrastructure roll-out planned in SA over the next few years.
One of the biggest problems facing the South African construction industry is a 'massive' shortage of labour skills
THE domestic construction market could grow as much as 10% this year and reach levels last seen in the 1980s, Group Five said after the release of solid interim results yesterday.
In its latest management information survey, the South African Association of Consulting Engineers (SAACE) highlighted that a large amount of the firms belonging to the association reported that they are struggling to obtain good-quality engineering staff.
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