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  • INDUSTRY INSIGHTS REPORTS AN INCREASE IN CONSTRUCTION PROJECTS

    The Value of construction projects awarded increased by 17 percent in 2014.


    The building industry is supported by a recovery in the awarding of affordable housing projects, but it must be noted that given the scale of these projects, the completion periods are longer than the average for typical housing developments. The impact on investment is therefore spread over a longer period of time. The value of non-residential projects awarded increased by 21,1 percent in 2014, in spite of a 36 percent decrease in the value of awards during the month of December.

  • SPECIAL ECONOMIC ZONES OFFER GROWTH OPPORTUNITIES

    Out of South Africa's ten prospective special economic zones (SEZs), three are on the verge of implementation and, before the end of this year, one of them will be completed and implemented, says the Department of Trade and Industry (DTI), which envisions 2015 to be the year for multidimensional SEZ implementation.