Construction Monitor May 2025:
South Africa’s construction sector in May 2025 continued to reflect a dichotomy between renewed investment optimism and deep-rooted structural weaknesses. On one hand, the civil construction market showed notable growth, with project awards exceeding R53 billion in the first four months—driven by large water and transport contracts. National Treasury reaffirmed over R1 trillion in infrastructure allocations in the revised Budget, while major provinces like Gauteng and KwaZulu-Natal announced substantial projects at investment summits. However, the overall construction pipeline shrank by 17.4% year-on-year by March…read the full monthly review here (available to subscribers)
