Displaying items by tag: world economic forum

A growing trust deficit between the government and the private sector threatens to derail efforts to turn around the struggling construction sector, but government is intensifying its efforts to build meaningful relationships with the industry.

The World Economic Forum for Africa, which took place in Cape Town, South Africa in early September 2019, focused on the theme of shaping inclusive growth and shared futures in the Fourth Industrial Revolution.

Despite rapid globalisation with investment funds flowing across borders and money pouring into constructed assets, the construction profession has until now, lacked a common language and framework for classifying and reporting construction costs.