The Gautrain route has been finalised and could now be cleared for construction to begin, Gauteng Premier Mbhazima Shilowa said today.
SOARING building costs will probably prevent an oversupply of new office developments, and in turn create a positive office rental market in the short to medium term.
It should be almost inevitable, considering the broad trends in the economy and government's aspirations to lift growth further, but the trend is becoming more apparent
Murray and Roberts is upbeat about prospects, with directors expecting real growth in headline earnings in the year to June 30 2006
Construction industry heavyweights Aveng as well as Murray & Roberts are expected to report a 'tough' financial year to June in the next few weeks
Finance Minister Trevor Manuel is expecting to see a 'dramatic' rise in infrastructure projects, financed and implemented by public-private partnerships
AVENG, SA's largest construction group, warned yesterday that if government failed to award the construction contract for the Gautrain high-speed rail link by next month, it would be "very difficult" to meet the 2010 deadline it has set.
Aveng CEO Carl Grim says he expects an upswing in government capital expenditure before the end of this year as SA gears up for the 2010 Soccer World Cup
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