Sanral ready to implement R30bn worth of construction projects
‘It will change the whole construction industry landscape if Sanral awards all these projects’ – Raubex.
Relief is in sight for South Africa’s crisis-ridden construction industry, with the South African National Roads Agency (Sanral) announcing on Thursday that it is ready to implement R30 billion worth of construction projects.
Sanral said they form part of President Cyril Ramaphosa’s drive for “shovel-ready” infrastructure development projects to stimulate the economy post-Covid-19.
Construction companies, industry associations and analysts have welcomed Sanral’s announcement.
“It will change the whole construction industry landscape if Sanral awards all these projects,” said Rudolf Fourie, chief executive of JSE-listed road building and maintenance focused company Raubex.
David Metelerkamp, the senior economist at construction market intelligence firm Industry Insight, expressed confidence that these Sanral projects will happen, adding that Sanral is “the best by far” of all the state-owned enterprises (SOEs).
However, he questioned when the implementation of these projects will happen.
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