Construction World September 2021

COMMENT

S enyolo says that before any solution can be found, the complex South African problem first has to be understood. “Saying that no one would want to invest in South Africa due to socio-economic instability isn’t likely to inspire those in need of help to make different choices,” says Senyolo. “We should rather have conversations about howwe are going to get people to understand how infrastructure and property developments, coming from outside their community, benefit them.” The message is clear: social responsibility should determine how property development is approached. For instance, for social responsibility to be sustainable, the property sector will have to go far beyond skills development. Larry Feinberg, the Executive Director of the ASAQS, believes that such a change in focus to increase the property sector’s social responsibility aligns with the ESG (Environmental, Social and Governance) trend where investors look at the financial return in addition to ESG aspects of the property they are considering to invest in. To arrive at a sustainable solution whereby the property sector will address the country’s needs, will involve lateral and innovative thinking. For Senyolo one aspect is vital. “Collaboration between the public and private sector will be key to bringing these important changes about.” It is a sentiment that is echoed by Keith Skinner

Mosha Senyolo (pictured), the newly elected Vice-President of the Association of South African Quantity Surveyors (ASAQS) says that after the looting and destruction in July, a rethinking of the role of property development is necessary. Its role must address the array of serious socio-economic issues in the country.

( pictured ), ASAQS’ newly elected President: “Going forward, social responsibility and local community inclusivity are key to new property developments providing good returns in respect of benefits to the community, planet and being profitable investments.” Skinner says that Quantity Surveyors can include the local community during construction phases of projects – without there necessarily being a financial burden on the projects. “The education, training and knowledge base required of Professional Quantity Surveyors (PrQS) equip them to implement clearly defined – and well documented – procurement processes,” says Skinner. “Thorough financial control minimises opportunities for fruitless expenditure and corrupt activities, thus ensuring that funds are utilised efficiently, and to the maximum benefit of both investors and communities,” he concludes.

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PUBLISHER Karen Grant

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2 CONSTRUCTION WORLD SEPTEMBER 2021