Our monthly monitor includes updates of key data indicators, trends and developments affecting the South African construction sector. Fewer projects were approved for private sector building construction in July, with the annual rate of decline accelerating to 7.2 percent over the 12-month period, although there seems to be an uptick in demand for office space (mainly centred around Gauteng). The estimated value of civil projects out to tender continues to improve, while the value of civil projects awarded has also shown an improvement. However, the increase in the number of civil projects out to tender… Download the full report here
