The proximity of two iron ore companies on either side of a railway line in the northwest of the Republic of Congo will likely result in consolidation in the future, says Equatorial Resources CEO John Welborn.
Ground has now been officially broken on Palm Lakes Retirement Village, signalling the start of the next phase of development for Royal Palm Property Holdings' family lifestyle estate, Palm Lakes.
Business updates by construction firms show their order books have generally bulked up or remained stable.
The business community is concerned by what it calls policy uncertainty and 'inconsistencies'‚ including labour legislation.
Construction industry has taken a dip since the boom brought on by the 2010 Soccer World Cup, says PricewaterhouseCoopers.
Development has come to the community of Ndumo, located between KwaZuluNatal and Mozambique, in the form of the R1.5 billion Inkululeko Development Project.
The Master Builders Association of the Western Cape (MBAWC), a registered trade association for employers in the building industry, has welcomed the Infrastructure Development Bill that was recently introduced to Parliament by Minister of Economic Development, Ebrahim Patel.
Government's major infrastructure programme is likely to be better co-ordinated and to take place over a longer time frame than projects before the 2010 World Cup, says Group Five CEO Mike Upton.
A proposed law meant to fast-track the implementation of the government's infrastructure development plan was introduced in the National Assembly by Economic Development Minister Ebrahim Patel on Wednesday.