Let’s not be fooled by political rhetoric. Regardless of party politics, “Rome is burning”, and desperate intervention is required across the board (both from the public and private sector as well as civic society at large) to rescue the industry and place it back in its rightful place as the leading catalyst to economic and social development in South Africa. South African built environment professionals and contractors have a reputation around the world at being at the cutting edge of technological advancement with a strong work ethic. We have a reputation of getting things done. Historically our professionals and contractors have proven time and time again their capabilities and capaci... »
A Social Networking Platform for Professionals in the Construction/Built Environment Industries
Join our Community to engage, learn and share industry insights with your peers
Dont have an account ?
Well-planned and prioritised infrastructure investment improves productivity, engenders competitiveness and contributes to long-term sustainable economic growth. Nevertheless, the extent of realising these benefits from infrastructure investment varies considerably across sectors, by regions and by level of regulatory and institutional maturity. Producing the greatest impact from infrastructure investment requires governments to formulate medium- and long-term infrastructure plans, and subsequently translate these plans into a prioritised and actionable projects pipeline. The formulation of infrastructure plans involves: a systematic assessment of critical infrastructure gaps; identificatio... »
2019 is not yet halfway but the industry has already experienced a lot of causalities with Group 5 as the latest of companies to file for liquidation question that bogs the mind is ,do we need a foreign “saviour” in Africa to resuscitate our construction industry? China is establishing itself as a global construction and infrastructure powerhouse. Chinese investments abroad have been rising fast since the government launched the “Go Out Policy” in 1999. In 2014 alone, China’s outbound capital flows increased 14 percent, to nearly $103 billion. While companies headquartered in other countries such as the US and Japan remain major players on the global stage, the pace of growth of... »
As project preparation costs can vary widely, these cost figures are only indicative and are based on the following factors: project size and complexity; geographic location(s); degree of technical detailing required; social and environmental impacts; and the extent of upstream preparation required. While the majority of funding for project preparation is through government budgets, national and sub-national PDFs and PPFs developed by MDBs and other multilateral entities are also being used. PDFS AND PPFS: WHAT ARE THEY? Many countries have set up central PDFs to provide dedicated financing for conducting feasibility studies, transaction advisory support for projects and to help counter capa... »
Globally, governments are accountable for the development of infrastructure and the delivery of basic services in an affordable and inclusive manner. The ability of governments to nurture a conducive enabling environment for infrastructure investment has often been found to be a key differentiator between countries that successfully scale up infrastructure and those that face challenges in doing so. Read moreYou must log in to read the rest of this article. Please log in or register to join our community.Username:Password:Log in RegisterForgotten username or password? »
Latest In Community
One of the most staggering construction statistics came to the fore in 2015 when it emerged that China had consumed more cement in the three years between 2011 and 2013 than the United States had used in the e […]
Labour expert, Advocate Tertius Wessels from Strata-g Labour Solutions has warned that more retrenchments are on the table for South Africa’s workforce.
CAPE TOWN – Labour expert, Advocate Tertius Wessels from Strata-g Labour Solutions has warned that more retrenchments are on the table for South Africa’s workforce. This comes amid news that South Africa’s unemployment rate increased to 27.6 percent in the first quarter of 2019.
In a profession where showing your vulnerability could be condemned as a weakness, it easy to see how the country’s construction industry suicide epidemic has multiplied into what could be considere […]
Unemployment Forum shuts down construction site.
The Ward 12 community shut down a construction site of an electricity substation in Phomolong Section on May 17. In the early hours of Friday, the Unemployment Forum locked the gate at the construction site, disrupting the work of the day.
Global cement consumption is expected to remain at its current level of 4.01 billion tons (3.63 billion tonnes) until 2050, according to an update of the Global Cement Volume Forecast Report from CemWeek Research. […]
- Load More