Media Spotlight

Construction Industry a Potential Flywheel for Economic Recovery in SA

Flywheels used as art objects

The construction industry can play a critical role in helping address the recent hard knocks to the South African economy, but it needs the willingness and, more importantly, the action of all stakeholders to succeed, writes Andrew Skudder, RIB CCS CEO.

 

This was the overwhelming sentiment at a recent conference hosted by Construction Alliance South Africa (CASA) and headline sponsored by RIB CCS. Participants explored construction industry challenges and possible solutions aimed at creating jobs and boosting the economy.

 

The construction sector is one of the most important sectors worldwide, representing about 13% of global employment. In South Africa, this figure is about 8%, painting a bleak picture for the industry and the economy as a whole.

 

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