The specifics of the infrastructure fund, announced as part of South Africa’s stimulus package, will be announced in the February 2019 Budget.
Ten SMMEs received their SAQA accredited NQF certificates at the announcement of the completion of the construction of a 4,5km community access road in Mzamba in the Mbizana Local Municipality.
The construction industry is a major employer in any growing economy. Within the South African context, the Master Builders Association of the Western Cape has established a proud tradition of producing skilled and semi-skilled people who have worked on major projects all over Southern Africa through training initiatives.
A recent Balfour Beatty survey envisions a construction industry with dramatic digital capability by 2050.
The first phase will consist of building a 400-metre quay and 250,000 square metre yard extension as well as the development of a free zone to create a new regional trading hub.
Labour issues, late payment and slow growth ‘catastrophic’ for the sector, says Master Builders’ Association North.
The results of Consulting Engineers South Africa's (CESA) Bi-annual Economic and Capacity Survey for the period January to June 2018 recently released indicates positive news, that the construction sector has seen growth for the first time in six quarters.
With its successful record in the fast track construction of high-end projects, Concor Buildings has been awarded the prestigious Illovo Central contract. This 17-storey mixed-use development near Sandton is due for completion in January 2020.