Building & Construction News

Concor targets larger share of infrastructure market as part of big growth push

  • 30-04-2018
  • Mining Weekly

Wholly black-owned construction group Concor, which marked its first year of operations in April, is aiming to materially increase its share of the public infrastructure market as part of an ambitious plan to increase its order book to R10-billion by...

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5 new mega city developments around Joburg you need to know about

  • 30-04-2018
  • Business Tech

Commercial real estate company Cushman & Wakefield has released a new report on the major developments taking place in South Africa. This includes the development of five new mega-city projects which are expected to fundamentally change the face o...

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Alternative solutions on the table to repair sinkhole on R55

  • 30-04-2018
  • Infrastructurene.ws

The Gauteng Department of Roads and Transport is currently investigating alternative repair methodologies to expedite repairs to the sinkhole on R55 between Second and Third Avenue near Laudium in Tshwane. Spokesperson for the department, Melitah ...

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Aveng in R1.8bn rights offer

  • 30-04-2018
  • IOL Business Report

JOHANNESBURG -Troubled listed construction and engineering group Aveng intends to implement a R1.8 billion rights offer to raise the capital needed to fund the early redemption of a portion of its existing convertible bonds of R2bn and inject R300 mi...

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Sweden's new road powers electric vehicles - what's the environmental impact?

  • 26-04-2018
  • Bizcommunity.com

Sweden has built the first smart road that will allow electric vehicles to charge as they drive. The eRoadArlanda pilot scheme, which covers 2km of road outside Stockholm, is an attempt to solve one of the biggest challenges that the transport ind...

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Softened growth for wood-based panels global market - report

  • 26-04-2018
  • Bizcommunity.com

According to market research and consulting firm IndexBox, after a slight reduction from 2008 to 2009, the wood-based panels market grew to 408-million cubic metres in 2016. However, the pace of growth has decelerated over the last three years.
...

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US $112m chemical plant for clean water inaugurated in Africa

  • 26-04-2018
  • Construction Review Online

Construction of one of the largest chemical plants for clean water in Africa has officially been inaugurated in Tanzania. Once complete the plant will create several job opportunities for the citizens and provide a market for 2,500 tonnes of salt wit...

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Marriot International leads in hotels construction in Africa

  • 26-04-2018
  • Construction Review Online

Marriot International currently leads in hotel construction in Africa; this is according to the latest annual hotel pipeline survey by W Hospitality Group. Hotel construction in Africa The report revealed the race in hotels construction in Africa...

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Glass bottle maker Consol cans R3bn IPO plans

  • 25-04-2018
  • Moneyweb

The company says it is not within its interests to proceed with the offer. Glass bottle maker Consol pulled a planned R3 billion Johannesburg stock market flotation on Wednesday, citing challenging market conditions. In what would have been Sou...

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Consumers warned against use of fake NHBRC logo

  • 25-04-2018
  • Bizcommunity.com

The National Home Builders Registration Council (NHBRC) has warned unsuspecting housing consumers against the fraudulent use of its logo in a letter allegedly sent out by Cosmopolitan Projects about guarantees on their completed homes. “The letter...

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