The construction industry is showing signs of recovery, with expected government infrastructure expenditure, retail developments and residential building
projects set to lift the industry considerably above last year’s level, says the Aggregate and Sand Producers Association of Southern Africa (Aspasa).
Aspasa notes that the number of building plans passed is rising steadily, with banks’ high availability of mortgages indicating that 2015 will be a good year for construction.
Aspasa notes that the number of building plans passed is rising steadily, with banks’ high availability of mortgages indicating that 2015 will be a good year for construction.
The recovery of the construction industry is expected to have a positive effect on the aggregates and sand industry, which accounts for more than 11% of all building materials sold by value in South Africa, says Aspasa.
“After cement, our products make up the largest value of building products sold in the country. By volume, we are the largest, moving well over 100-million tons of material to the building industry each year.
Our members supply products for use in the manufacture of concrete, the building of road foundations and running surfaces, as well as providing stones for railway line ballast,” notes Aspasa director Nico Pienaar.
