Capital Equipment News December 2024 - January 2025

New streamlined regulations for public-private partnerships (PPP) cut project approval times, and government turns its focus to transforming South Africa into a construction site.

is said to have called the ‘infrastructure years’ – a period that could reshape the country’s built environment more dramatically than any time in the past decade,” he says. “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. A rapid influx of new projects supported and driven by public-private partnerships could act as the lever needed to accelerate economic growth.” Looking to the year ahead, Van den Berg points to three trends likely to shape and influence the industry: Increased government investment and regulatory changes Building on the reported 82 strategic integrated projects (SIPs) valued at R437 billion currently under construction, the industry anticipates substantial increases in public infrastructure spending, with significant implications for job creation

Construction pipes, tubes, and fittings surged 13,9% year on-year, bricks by 7,9%, electrical components by 11,4%, and plants and equipment by 7,7%.

The construction industry will be compelled to move beyond incremental improvements, and embrace new levels of technology-driven efficiency.

As electric vehicles (EVs) enter the mainstream, forward thinking developers will anticipate the charging needs of future residents.

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CAPITAL EQUIPMENT NEWS DEC '24 - JAN 2025