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Construction in South Africa 2010
Creamer Media, April 2010, Pages: 59
Although South Africa’s housing boom of the early to mid-2000s has subsided, government investment in infrastructure and stadiums has left the sector as one of few to display some resistance to the global economic crisis. A public investment programme of about R787-billion over the three financial years to March 2012 was announced in 2009 (this has since been revised upwards to R846-billion).
Government has set plans for increasing employment through public infrastructure spending, and resources for such activities have already been budgeted for, meaning that, for the foreseeable future, construction activities, especially of the civil or public kind – including airport upgrades, roads, public housing, and so on – will keep expanding. This report outlines the state of South Africa's construction industry, and the changes taking place in the industry in the aftermath of the global economic crisis.
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