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Big 5 Construct South Africa ignites innovation and economic growth for the construction sector in 2024
The world is up against significant infrastructural challenges. Water shortages, sustainable energy, robust infrastructure, and complex market conditions are putting pressure on the construction sector, both in South Africa and abroad. In South Africa, the construction industry is anticipated to grow by 1.3% in 2024 with a 3.7% projected AAGR. Big 5 Construct South Africa,
Big 5 Construct South Africa 2024: The gateway to the country’s construction sector
South Africa’s construction sector is projected to grow thanks to government’s National Development Plan 2023, with numerous mega projects happening in all nine provinces; projects such as Mtentu Bridge, which is set to be Africa’s tallest bridge, the High-Speed Rail (HSR) framework and many others. The South African construction market is valued at $25.5 billion
