Capital Equipment News December 2024 - January 2025

MARKET OUTLOOK: FORECAST

These changes mean fewer barriers, predictable timelines, a healthier project pipeline, and more stable deals – all translating into stronger incentives and better margins for private infrastructuredevelopers, as well as greater value for public sector clients.

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Three South African construction industry forecasts for 2025 Key shifts within the infrastructure development landscape mean positive tailwinds for South Africa’s construction industry, with R322,2-billion currently planned for public infrastructure projects in 2025 alone. This will obviously impact the capital equipment market regarding construction and mining equipment.

A ccording to Roelof van den Berg, CEO of the Gap Infra structure Corporation (GIC), this comes as technological advancements and evolving market dynamics drive important inno vations, new streamlined regulations for public-private partnerships (PPP) cut proj ect approval times, and government turns its focus to transforming South Africa into a “construction site”. “These changes mark the start of what former Finance Minister Tito Mboweni

“The benefit of this for communities could be exponential. Not only does it mean expanded service delivery, but the construction industry, as a major employer and economic contributor, will also thrive.”

Roelof van den Berg, CEO of the Gap Infrastructure Corporation (GIC).

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CAPITAL EQUIPMENT NEWS DEC '24 - JAN 2025