Bizcommunity - Mon, 18 Jan 2016 09:00 SAST - [BizTrends 2016] A tougher construction industry for smaller players

According to a recent report by PricewaterhouseCoopers (PwC), infrastructure spending in Africa is estimated to grow from $70bn in 2014 to $180bn per annum by 2025. Planned spending on infrastructure, for both new projects and the refurbishment of assets, is expected to increase by more than 25% from the previous year.

One of the trends we expect in the construction industry in 2016 is that the general industry will get tougher, with a major rationalisation starting throughout the industry, which will lead to poor results and below-market expectations. The major players are expected to lose their grip on the industry, but this in turn will create an opportunity for more flexible smaller players.

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