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The report “Construction in South Africa – Key Trends and Opportunities until 2024” has been added to the ResearchAndMarkets.com.
South Africa’s structure industry has been in decline since 2017, and the price of the industry’s production in real terms contracted by 3.3% in 2019.This decline is attributed to an economic slowdown, along with low customer and investor confidence affecting the public and personal sectors.investment projects.structure.The negative effect will continue, as the industry continues to be greatly affected by the effect of higher national debt, labor shortages and low infrastructure spending in a depressed economic environment.
The structures industry will contract further in 2020, due to the COVID-19 epidemic and the strict national lockdown imposed on March 26, coupled with the bleak economic outlook. According to Statistics South Africa (Stats SA), the price of the industry added to consistent costs in 2010 decreased 5.3% year-on-year in the first quarter of 2020. The industry will contract further in the next quarter, as maximum structure activities temporarily stopped in April and May, before the industry allowed to resume operations in June. The decline in structure lets in for both residential and non-residential structures will weigh on industry output in the short to medium term.
Industry production in genuine terms is expected to contract by 14.3% in 2020 For the remainder of the forecast period, production in the structures sector is expected to grow by an average of 1% between 2021 and 2024, with remaining fiscal sustainability.Government dominance in the short term Public and personnel sector investments in transport infrastructure and electricity projects will drive industry expansion in the medium and long term The supplementary budget for June 2020 shows a sharp deterioration in the fiscal outlook for the 20/21 monetary year and beyond.Compared to February’s budget projections, the Treasury now expects the consolidated budget deficit to increase to more than double from 6.8% to 15.7% of GDP for the existing fiscal year.
This report provides detailed market research, data and data on South Africa’s structure industry, including:
Customers of expansion of the South African structures industry through the market, allocation and structure activity.
A critical review of the effect on industry trends and problems, as well as research into key hazards and opportunities in South Africa’s structures sector.
Analysis of the portfolio of megaprojects, focusing on stages and participants, as well as lists of ongoing primary projects
The report provides a thorough investigation of the structure industry in South Africa.
Historical (2015-2019) and forecast tests (2020-2024) of the structure sector in South Africa, with main points on the main drivers of growth.
Segmentation by sector (commercial, industrial, infrastructure, energy and public services, institutional and residential) and by subsector
Analysis of the portfolio of mega-allocations, breakdowns of the level of progression in all sectors and forecasts of allocation expenditures in the existing portfolio.
List of main projects, in addition to the main points of key contractors and consultants
Reasons to buy
Identify and evaluate market opportunities using the publisher’s standardized assessment and forecasting methodologies.
Assess the prospect of micro-market expansion with over six hundred chronological insight forecasts.
Understand the latest and most market trends.
Formulate and validate critical and actionable data in the publisher policy.
Assess risks, add costs, regulatory and competitive pressures.
Assess competitive hazards and good luck factors.
Key topics
1. Summary
2 Construction industry: overview
3 Background
3.1. Economic performance
3.2. Political and political environment
3.3. Demographics
3.4. COVID-19 State
4 Construction perspective
4.1. The entire construction
4.1.1. Perspective
4.1.2. What’s new and what’s new
4.1.3. Construction project momentum index
4.2. Commercial construction
4.3. Industrial construction
4.4. Infrastructure construction
4.5. Building applications and energy
4.6. Institutional construction
4.7. Residential construction
5 key participants
5.1. Entrepreneurs
5.2. Consultants
6 Construction market data
For more information on this report, https://www.researchandmarkets.com/r/t6ktyc
See the edition in businesswire.com: https://www.businesswire.com/news/home/20200903005378/fr/
contacts
ResearchAndMarkets.com Laura Wood, Senior Press [email protected] For E.S.T., 1-917-300-0470 For USA/ CAN, toll-free 1-800-526-8630