US EditionProject postponements, cancellations and funding gaps impact SA’s construction sector – Property Wheel
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Project postponements, cancellations and funding gaps impact SA’s construction sector – Property Wheel
Nominal investment in SA’s construction sector only edged up by 0.4% in 2024 with a notable decline in residential activity and a growing reliance on public-led commercial property development, according to Industry Insight’s Construction Monitor for April 2025. Although tender awards surged to R44.7 billion during Q1 2025, driven by large projects in transport and water, this masks a deeper weakness in the pipeline, marked by project postponeme…
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