DUBLIN, Sept. 26, 2022 /PRNewswire/ -- The "The Construction Sector in South Africa 2022" report has been added to ResearchAndMarkets.com's offering.
The Construction Sector in South Africa
The construction sector contributed 2.7% of total GDP, with the largest share contributed by construction works/civil engineering, followed by residential buildings and non-residential buildings. Although companies continue to experience headwinds, role players say there are some green shoots. Construction industry players have welcomed government's announcement in February 2022 of infrastructure investment of more than R810bn over the next three years, but say that rapid implementation is critical as the industry cannot afford further delays.
Government Support and Investment
The rollout of government's infrastructure projects has been undermined by maladministration and corruption, project delays, cost overruns, poor project management and sub-standard workmanship in many cases. South Africa's National Infrastructure Plan (NIP) 2050 has identified the energy and water sectors for development in the short term and transport in the medium term. There is a massive backlog of social housing and an estimated 20% of urban households live in informal settlements.
Challenges
The execution of construction projects has been severely affected by supply chain delays, shortages and higher costs related largely to the pandemic and the war in Ukraine. Corruption and irregular procurement have become endemic in the construction sector. Construction mafia and extortion groups present a substantial threat to the industry. Shortages of building materials, compounded by soaring transport costs and inflation, are driving up construction costs and resulting in cost overruns.
Report Coverage
This report on the construction industry in South Africa includes comprehensive information on the size and state of the sector including number of registered contractors and projects and other indicators, infrastructure development, notable players, major developments and corporate actions, and regulatory and environmental issues affecting the sector. There are profiles of 55 companies including well-known contractors such as Concor, Grinaker LTA, Raubex, Stefanutti Stocks and Wilson Bayly Holmes-Ovcon, state-owned players such as the South African National Roads Agency and specialist companies including Viva Formwork and Scaffolding, SA Scaffold Manufacturing and Kwikspace Modular Buildings.
Key Topics Covered:
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
2.4. Key Success Factors and Pain Points
3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Notable Players
3.4. Corporate Actions
3.5. Regulations
3.6. Enterprise Development and Social Economic Development
4. AFRICA
5. INTERNATIONAL
6. INFLUENCING FACTORS
6.1. COVID-19
6.2. Economic Environment
6.3. Environmental Issues
6.4. Labour
6.5. Technology, Research and Development (R&D) and Innovation
6.6. Government Support and Investment
6.7. Input Costs
7. COMPETITIVE ENVIRONMENT
7.1. Ownership Structure of the Industry
7.2. Barriers to Entry
8. SWOT ANALYSIS
9. OUTLOOK
10. INDUSTRY ASSOCIATIONS & ORGANISATIONS
11. REFERENCES
Companies Mentioned
- Arnott Panels (Pty) Ltd
- Axsys Projects (Pty) Ltd
- Basil Read Holdings Ltd
- Bilfinger Intervalve Africa (Pty) Ltd
- Bluhm Burton Engineering (Pty) Ltd
- Bosch Projects (Pty) Ltd
- Cape Scaffolding Contractors (Pty) Ltd
- Cato Ridge Electrical Construction (Pty) Ltd
- Colas Africa Holdings (Pty) Ltd
- Concor Construction (Pty) Ltd
- Construction Maintenance Services (Pty) Ltd
- Diabor (Pty) Ltd
- Edwin Construction (Pty) Ltd
- Enza Construction (Pty) Ltd
- Esor Ltd
- EXR Construction (Pty) Ltd
- Fairbrother Geotechnical Engineering (Pty) Ltd
- Fikile Construction (Pty) Ltd
- Fluor South Africa (Pty) Ltd
- Geomechanics (Pty) Ltd
- Grinaker LTA (Pty) Ltd
- Group Five Construction (Pty) Ltd
- Hatch Africa (Pty) Ltd
- Haw and Inglis Civil Engineering (Pty) Ltd
- Isowall Southern Africa (Pty) Ltd
- Johannesburg Scaffolding (Pty) Ltd
- Johnson Controls International (Pty) Ltd
- Kaefer Energy Projects (Pty) Ltd
- Kwikspace Modular Buildings (Pty) Ltd
- M C E Fabrication and Construction (Pty) Ltd
- Malinga Scaffolding and Formowork (Pty) Ltd
- Mazor Group (Pty) Ltd
- Motheo Construction Group (Pty) Ltd
- Pezula Access Scaffolding (Pty) Ltd
- Power Construction (Pty) Ltd
- ProFix Scaffolding (Pty) Ltd
- Ramutsa Rail CC
- Raubex Group Ltd
- Ro-Al Construction (Pty) Ltd
- SA Scaffold Manufacturing (Pty) Ltd
- South African National Roads Agency SOC Ltd (The)
- Stefanutti Stocks Holdings Ltd
- TCM Developments (Pty) Ltd
- Tiber Construction (Pty) Ltd
- Tisang Group (Pty) Ltd
- TN Molefe Construction (Pty) Ltd
- Top Fix (Pty) Ltd
- Trencon Construction (Pty) Ltd
- Umso Construction (Pty) Ltd
- Viva Formwork and Scaffolding (Cape Town) (Pty) Ltd
- Waco Africa (Pty) Ltd
- Wilson Bayly Holmes-Ovcon Ltd
- WK Construction (Pty) Ltd
- WK Construction South Africa (Pty) Ltd
- Wood South Africa (Pty) Ltd
For more information about this report visit https://www.researchandmarkets.com/r/yqip1j
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SOURCE Research and Markets
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