Michael G.’s Post

They already are bidding - so not sure what’s newsworthy here. Should be noted it’s not actually about construction - South Africa has a long history of very successful delivery of highly technical projects and that remains because of the can do attitude of our people- it’s more about about how to fund development - and what’s not transparent - ever- is the cost of the soft loans that come as part of the package that Chinese contractors offer- that’s a fact - I’ve heard them on site inspection visits boasting that their edge is the “finance” they bring to the table- the real cost to our country is hard to quantify but instant gratification has its price. So really it boils down to a lazy way of getting some funding to be seen to achieving something which actually in retrospect won’t benefit our people significantly - I am dispointed as I think better avenues to the much needed growth and development of our nation are desperately required and needed. We must not sell ourselves short when it comes to our abilities - we can do anything any other foreign nation can do.

Chinese Construction Giant Set to Bid for SA State Projects... #construction #infrastructure #stateprojects #constructionactivity #municipalworks #publicbuildingdevelopment #DepartmentofPublicWorksandInfrastructure #economicgrowth #infrastructuredevelopment #jobcreation

Middle East is the fourth most attractive region for FDI https://lnkd.in/eBq87gk8 Companies announced 1,848 projects worth an estimated $88.3bn in 2023 #Construction #MiddleEast #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

A new government not dominated by the ANC could bring significant changes to the construction industry in South Africa. Here are some potential future developments for construction projects: 1. Increased private sector investment: A new government may encourage private sector investment in infrastructure development, leading to more public-private partnerships and private-led construction projects. 2. Shift in infrastructure priorities: A new government may prioritize infrastructure projects that benefit the broader population, such as affordable housing, public transportation, and community facilities. 3. Improved project management: A new government may implement more efficient project management practices, reducing corruption and increasing transparency in construction projects. 4. Enhanced regulatory environment: A new government may streamline regulations and permits, making it easier for construction projects to get off the ground. 5. Increased focus on sustainability: A new government may prioritize sustainable and environmentally friendly construction practices, driving innovation in green building and renewable energy. 6. More opportunities for small and medium-sized enterprises (SMEs): A new government may create more opportunities for SMEs to participate in construction projects, promoting economic growth and job creation. 7. Improved skills development: A new government may invest in training and skills development programs, addressing the industry's skills shortage and promoting local talent. A new government not dominated by the ANC could bring fresh perspectives and approaches to construction projects, driving growth, innovation, and development in South Africa's construction industry.

Prospects for Maghreb improve https://lnkd.in/euAdkQka Stable growth, lower inflation and higher project activity all bode well for region #Construction #MiddleEast #Building #Infrastructure #Engineering #ProjectManagement #ConstructionNews #InnovationInConstruction #SustainableConstruction #MegaProjects

According to the latest IPA pipeline report, there is a projected investment of £775 billion in infrastructure and construction projects, with £215 billion allocated for spending between 2025/26 and 2032/33 #sunbelt #sunbeltrentals

According to the latest IPA pipeline report, there is a projected investment of £775 billion in infrastructure and construction projects, with £215 billion allocated for spending between 2025/26 and 2032/33. #constructionindustry #infrastructure #businessnews

📄 The Australian Construction Industry Forum (#ACIF) Forecasts released reveal that the state of the #construction industry in 2023 is a study in contrasts. 📈 #Transport #infrastructure and investment in #cleanenergy are experiencing a boom, while other construction sectors are struggling. Click here to read more 👉 https://lnkd.in/ggMfJJmG #consultanz #engineering #engineeringjobs #engineeringrecruitment

Can you believe we are already 20% through 2024!!! Here is a reminder of the 24 global infrastructure construction projects to watch out for in 2024... #2024 #projects

Private investors needed for telecommunications and construction projects.