Author of the Afrimat construction index says bias towards labour-intensive activities bodes well for the sectorThe Afrimat quarry in Greenbushes, Port Elizabeth Picture: DARYN WOOD
Independent economist Roelof Botha spoke to Business Day TV about the factors that could lead to a pick up in construction activity in the second half of the year. Botha said the gradual implementation of the new plan could boost the fortunes of SA’s battered construction sector “and lead to a new sustained growth path”. He said there was evidence that the government wanted to rectify the declining ratio of infrastructure spending to consumption spending by the public sector.
“It is most encouraging that the SA National Roads Agency recently announced its belief in an imminent resurgence of road construction projects.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Beleaguered construction industry pins hopes on Mboweni planThe economic strategy blueprint to boost SA’s growth and job creation, is meant to reverse the downward trend in SA’s growth and competitiveness. It's all hot air
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »
WATCH: How the health-care industry lifted AfroxAfrox CEO Schalk Venter talks to Business Day TV about the group’s interim results
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »