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South Africa Construction Market Insights by Shakeel Ahmad is a document available to read on EtoBox.
What is South Africa Construction Market Insights about?
The South African construction market was worth $29 billion in 2021 and is projected to grow over 3% annually through 2026, reaching $33.6 billion. Gauteng province employs the most construction workers with 382,000, though the industry has contracted since 2020. Government investment in infrastructure, transportation, energy, and housing will support future growth in the construction sector and economy. Challenges include limited current growth, reduced pandemic demand, rising costs, and skills shortages.
- Author
- Shakeel Ahmad
- Language
- EN