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Urbanisation to trigger construction market growth,EZ RENDA cement rendering machine can provide a brilliant opportunity to support market demand

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Urbanisation to trigger construction market growth,EZ RENDA cement rendering machine can provide a brilliant opportunity to support market demand

Urbanisation to trigger construction market growth,EZ RENDA cement rendering machine can provide a brilliant opportunity to support market demand

 Urbanisation to trigger construction market growth,EZ RENDA cement rendering 

 machine can provide a brilliant opportunity to support market demand

 

 

 Owing to the decline in mining activity because of the global economic downturn, 

 which has also affected the construction industry negatively, Swaziland-based 

 construction group Inyatsi Construction chairperson Frans Pienaar states that

 business in housing developments will increase for the construction sector in Africa

 this year, as a result of an increase in urbanisation.

 

 

 He adds that urbanisation is linked with a growing middle class across the continent, 

 which will lead to increased demand for housing, infrastructure, water supply and 

 purification, as well as sewerage and electricity. Subsequently, there will be spin-offs 

 in retail, mining and electricity, with critical water shortages also expected. 

 

 

 “The biggest potential for growth in the construction industry lies in infrastructure, and

 service facilities such as healthcare and education. There is also a backlog in repairing 

 old and decayed infrastructure . . .” Even though construction in the transport, energy 

 and power sectors is critically important for long-term economic growth, Pienaar says,

 the industry will remain under pressure, as other infrastructure areas will receive higher 

 priority because it will be more advantageous to “address low-hanging fruit to gain 

 political support [and] . . . rather postpone investment in the transport sector”.

 

 

 Targeted Growth Inyatsi Construction is seeing major growth opportunities across its

 sub-Saharan Africa markets. The company is continuously targeting real growth higher 

than 15% and, with the African construction industry estimated to be worth more than 

$138-billion a year, the opportunity is there. Inyatsi Construction has a current order book 

exceeding R3-billion and more prospects are lined up. Some of its projects will get under 

way this year, despite being tendered for more than a year ago.

 

 

This is an example of the developing countries.next several years,construction industry

 will become more important,EZ RENDA cement rendering machine,not only save time 

to quickly finish target project,but also a new business opportunity to get more benefitss

 

 

 

 

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Pub Time : 2016-02-22 23:45:12 >> News list
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