South Africa Infrastructure Market
BMI View: Our forecasts for a recovery in South Africa's construction industry has played out, and
actually performed better than we expected, with full year 2013 real growth coming in at 2.8%. For 2014
we are forecasting 3.4% real growth as the industry's post-world cup slump finally reached a bottom
in 2012.We maintain the view that we will see a cautiously positive growth story over our forecast period.
We see annual real growth averaging 3.9% between 2014 and 2018 with downside risks remaining
prevalent - namely difficulty in raising capital for projects, currency fluctuations, social unrest and poor
policy making.
http://www.marketreportsonline.com/322595.html .
