Market Report, "Construction in South Africa - Key Trends and Opportunities to 2017", Published
The South African construction industry recorded a CAGR of 13.72% during the review period. The construction industry output slowed following the 2010 FIFA World Cup, but has started to recover. Under the National Infrastructure Plan (NIP) that was adopted in 2012, the government will invest ZAR827 billion (US$100.8 billion) in infrastructure development over the forecast period. The country faces a substantial housing deficit and will need government support to develop public housing and drive the residential construction market. The industrial...
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