
What to expect in this report: This report provides a comprehensive analysis of the South African construction industry’s outlook for 2025 and 2026, highlighting both opportunities and challenges shaping the sector. It begins with an economic overview, examining global and domestic factors influencing construction activity, including GDP growth forecasts, inflation trends, interest rates, and investment sentiment.
The report delves into key constraints affecting the industry, such as political instability, funding shortages, infrastructure underinvestment, and policy uncertainty. A detailed review of total construction activity follows, covering trends in civil construction, building investment, and infrastructure expenditure. The performance of public and private sector investments is analyzed, with a focus on tender activity, project approvals, and investment pipelines across different provinces. The report concludes with forecasts for construction investment, sector growth expectations, and the potential impact of economic and political developments on the industry’s trajectory.
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