The South African construction industry registered a compound annual growth rate (CAGR) of 8.65% during the review period (2009–2013). This growth was supported by increased government spending in the country’s residential, infrastructural and commercial construction projects.

1. Construction in South Africa - Key Trends and Opportunities to 2018
Synopsis
This report provides detailed market analysis, information and insights into the South African construction industry, including:
The South African construction industry's growth prospects by market, project type and type of construction activity Analysis of equipment, material and
service costs across each project type in South Africa Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to
participants in the South African construction industry Analyzing the profiles of the leading operators in the South African construction industry. Data highlights
of the largest construction projects in South Africa
Executive summary
The South African construction industry registered a compound annual growth rate (CAGR) of 8.65% during the review period (2009–2013). This growth
was supported by increased government spending in the country’s residential, infrastructural and commercial construction projects. The residential and
infrastructure construction markets drove growth, as the preparation for both the World Cup and 2009 Confederations Cup supported improvements and
acceleration in construction activities. Moreover, the government has also adopted the National Infrastructure Plan (NIP) and announced National Budget
estimates in order to develop the country’s infrastructure. Therefore, a large number of announced projects will provide hope for the construction industry,
as corruption, mismanagement and price fixing within the industry all threaten to undermine the proper implementation of these developments. Timetric expects
the South African construction industry to record a CAGR of 8.93% over the forecast period (2014–2018).
Scope
This report provides a comprehensive analysis of the construction industry in South Africa. It provides:
Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in South Africa using construction output and value-add methods
Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type Breakdown of values within each project type, by
type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services) Analysis of key
construction industry issues, including regulation, cost management, funding and pricing Detailed profiles of the leading construction companies in South Africa
Reasons to buy
Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies Assess market growth potential at a
micro-level with over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using Timetric's
critical and actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors
Key highlights
In nominal terms, the total construction value add in South Africa registered a nominal CAGR of 9.97% during the review period. The value add is anticipated
to record a nominal forecast-period CAGR of 7.70%, driven by a decline in the confidence of building construction and civil engineering construction. According
to the Bureau for Economic Research (BER), the building confidence index declined by 11.0 index points, going from 52.0 points in the first quarter of 2014 to
41.0 points in the second. The civil confidence index declined by 11.0 index points over the same period, going from 55.0 to 44.0 points. The total outlook for
construction in South Africa over the forecast period remains positive. The South African Construction industry is undergoing a period of unfavorable conditions
as a consequence of economic indicators, which continue to disappoint the building industry. There are fewer projects in the construction market with a higher
interest rate, dampening the country’s growth of real estate construction projects. According to BER, the building confidence index declined by 11.0 index
points, going from 52.0 in the first quarter of 2014 to 41.0 in the second. This was largely due to the weak demand from private sector, prolonged strike in
platinum sector, acceleration in the project postponement rate, increasing interest rates and declining exports. The industry is set to rebound over the forecast
period, due to improved economic conditions, increase in profitability, and investment in the construction industry. The South African government is taking
various initiatives to improve the country’s transport infrastructure. The National Transport Master Plan 2050 (Natmap) was approved by the South
African government in 2010, with an aim to expand the country’s rail network and ports with an investment of ZAR750.0 million (US$102.5 million).
The government adopted the National Infrastructure Plan in 2012, with the objective of investing ZAR827.0 billion (US$100.7 billion) over a period of three
years, from 2013–2014 until 2015–2016, to build and upgrade infrastructure in South Africa. Additionally, with the Public Transport Strategy
(2007–2020), the government plans to improve the country’s public transport by establishing the integrated rapid public transport network
(IRPTN), and developing rail corridors and bus rapid transit systems (BRTs). The South African construction market will also be supported by the
country’s macroeconomic factors, which include mortgage loans, interest rate and inflation. According to the latest data from Absa Bank Ltd (ABSA),
private sector mortgage loans (which comprise both commercial and residential mortgage loans) recorded a growth of 3.4% at the end of June 2014 and annually,
with commercial and residential mortgage loans recording respective growths of 6.1% and 2.4% in the first half of 2014. Moreover, mortgage interest rates
climbed by 50.0 basis points in January 2014, going from 8.5% in 2013 to 9.0% annually, while inflation maintained stability in the first half of 2014, at 5.3%,
after increasing from 3.5% in 2011, 4.6% in 2012 and 5.2% in 2013. Inflation and mortgage interest rates are expected to increase further in 2014 and 2015,
depending on present global and economic trends, highlighting the growth prospects of the South African construction market. According to the National Budget,
the South African government increased its expenditure for social infrastructure, which includes the development of education, health and other formal
communities. The expenditure is expected to increase from ZAR30.0 billion (US$3.7 billion) in 2012–2013 to ZAR43.0 billion (US$4.0 billion) in
2016–2017. The main emphasis will be on the refurbishment of clinics and hospitals, and clearance of school infrastructure backlogs. This will contribute
to the institutional construction market’s continued expansion over the forecast period.
table Of Contents
1 Executive Summary
2 Market Overview
2.1 Key Trends And Issues
2.2 Benchmarking By Market Size And Growth
Construction in South Africa - Key Trends and Opportunities to 2018

2. 3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends And Issues
3.3 Data And Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends And Issues
4.3 Data And Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends And Issues
5.3 Data And Project Highlights
6 Institutional Construction
6.1 Performance Outlook
6.2 Key Trends And Issues
6.3 Data And Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends And Issues
7.3 Data And Project Highlights
8 Company Profile: Murray & Roberts Holdings Ltd
8.1 Murray & Roberts Holdings Ltd – Company Overview
8.2 Murray & Roberts Holdings Ltd – Business Description
8.3 Murray & Roberts Holdings Ltd – Main Services
8.4 Murray & Roberts Holdings Ltd – History
8.5 Murray & Roberts Holdings Ltd – Company Information
8.5.1 Murray & Roberts Holdings Ltd – Key Competitors
8.5.2 Murray & Roberts Holdings Ltd – Key Employees
9 Company Profile: Wilson Bayly Holmes-ovcon Ltd
9.1 Wilson Bayly Holmes-ovcon Ltd – Company Overview
9.2 Wilson Bayly Holmes-ovcon Ltd – Business Description
9.3 Wilson Bayly Holmes-ovcon Ltd – Main Products And Services
9.4 Wilson Bayly Holmes-ovcon Ltd – History
9.5 Wilson Bayly Holmes-ovcon Ltd – Company Information
9.5.1 Wilson Bayly Holmes-ovcon Ltd – Key Competitors
9.5.2 Wilson Bayly Holmes-ovcon Ltd – Key Employees
10 Company Profile: Group Five Ltd
10.1 Group Five Ltd – Company Overview
10.2 Group Five Ltd – Business Description
10.3 Group Five Ltd – Main Products And Services
10.4 Group Five Ltd – History
10.5 Group Five Ltd – Company Information
10.5.1 Group Five Ltd – Key Competitors
10.5.2 Group Five Ltd – Key Employees
11 Company Profile: Aveng Ltd
11.1 Aveng Ltd – Company Overview
11.2 Aveng Ltd – Business Description
11.3 Aveng Ltd – Main Products And Services
11.4 Aveng Ltd – History
11.5 Aveng Ltd – Company Information
11.5.1 Aveng Ltd – Key Competitors
11.5.2 Aveng Ltd – Key Employees
Construction in South Africa - Key Trends and Opportunities to 2018

3. 12 Company Profile: Basil Read Holdings Ltd
12.1 Basil Read Holdings Ltd – Company Overview
12.2 Basil Read Holdings Ltd – Business Description
12.3 Basil Read Holdings Ltd – Main Services
12.4 Basil Read Holdings Ltd – History
12.5 Basil Read Holdings Ltd – Company Information
12.5.1 Basil Read Holdings Ltd – Key Competitors
12.5.2 Basil Read Holdings Ltd – Key Employees
13 Market Data Analysis
13.1 Construction Output And Value Add
13.1.1 Construction Output By Project Type
13.1.2 Construction Output By Cost Type
13.1.3 Construction Output By Activity Type
13.1.4 Construction Value Add By Project Type
13.2 Commercial Construction
13.2.1 Commercial Construction Output By Project Type
13.2.2 Commercial Construction Output By Cost Type
13.2.3 Commercial Construction Output By Activity Type
13.2.4 Commercial Construction Value Add By Project Type
13.3 Industrial Construction
13.3.1 Industrial Construction Output By Project Type
13.3.2 Industrial Construction Output By Cost Type
13.3.3 Industrial Construction Output By Activity Type
13.3.4 Industrial Construction Value Add By Project Type
13.4 Infrastructure Construction
13.4.1 Infrastructure Construction Output By Project Type
13.4.2 Infrastructure Construction Output By Cost Type
13.4.3 Infrastructure Construction Output By Activity Type
13.4.4 Infrastructure Construction Value Add By Project Type
13.5 Institutional Construction
13.5.1 Institutional Construction Output By Project Type
13.5.2 Institutional Construction Output By Cost Type
13.5.3 Institutional Construction Output By Activity Type
13.5.4 Institutional Construction Value Add By Project Type
13.6 Residential Construction
13.6.1 Residential Construction Output By Project Type
13.6.2 Residential Construction Output By Cost Type
13.6.3 Residential Construction Output By Activity Type
13.6.4 Residential Construction Value Add By Project Type
14 Appendix
14.1 What Is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric’s Services
14.8 Disclaimer
ResearchMoz(http://www.researchmoz.us/) is the one stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your
research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and
across all industry verticals and markets. Our Research Coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an
informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
Contact:
M/s Sheela,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-997-4948
Construction in South Africa - Key Trends and Opportunities to 2018

4. Email: sales@researchmoz.us
Website: http://www.researchmoz.us/
Construction in South Africa - Key Trends and Opportunities to 2018