South Africa Construction Market Report
The South Africa Construction Market Report is ConstructAfrica's independent construction market assessment, covering the infrastructure and construction industry sectors of South Africa.
South Africa is the third largest economy in Africa. It is also the continent's most technologically advanced, industrialized, and diversified economy.
The country’s construction industry is projected to grow 9.1% in real terms in 2022, following a turnaround in 2021 from the 16.5% COVID-induced contraction in 2020.
“Infrastructure investment is a central pillar of the South African government’s post‐COVID‐19 economic recovery plans," according to the report. The 2022 budget allocates R812.5 billion over the next three years to public‐sector infrastructure projects. The government is also implementing a National Infrastructure Plan targeting infrastructure spend estimated at R2.15 trillion (US$140 billion) up to 2040.
The government’s massive spending on infrastructure is expected to drive a construction boom in the country.
ConstructAfrica’s South Africa Construction Market Report details the state of the construction industry in South Africa. Included in 174 pages is a comprehensive look at the industry, including opportunities in various sectors, an overview of how the industry works, and budgetary and planning data.
The report also contains competitive intelligence on key players in South Africa’s construction industry, including:
- Contact details and web links of industry associations.
- Full details and contact information for 23 key local and foreign players in the industry.
Key Features of the Report
- Describes the size and structure of the industry and assesses the competitive landscape.
- Identifies the challenges and opportunities in the South African construction market.
- Includes an analysis of the major strengths, weaknesses, opportunities and threats (SWOT analysis) within the South African construction industry and wider South Africa political, economic, and business environment.
- Provides key input data for successful budgetary and planning in South Africa’s construction market.
- Discusses influencing factors and South Africa-specific issues, including main government infrastructure programmes and private sector investment opportunities.