The outlook for the South African construction industry remains subdued in the short to medium term as the sector continues to be affected by a lack of implementation of government’s infrastructure delivery plan, as well as less demand from the private sector.
Otto Botha, MD of Waco Engineering Services
Due to the country’s poor economic state and the impact of the Covid-19 pandemic, many large projects have been cancelled or delayed over the past two years. A lack of funding seems to be the biggest obstacle to getting infrastructure…
