UK Companies Urged To Share In SA Building Boom

British construction firms are being encouraged to take advantage of the multi-billion pound infrastructure opportunities in South Africa, according to a report released by UK Trade & Investment.

Launched in London on Friday, the report entitled 'Building South Africa: Opportunities for the UK Construction Sector', highlights infrastructure opportunities in both the public and private sectors stemming from the government’s £33 billion infrastructure plans and events like the 2010 World Cup.

UK Trade & Investment Chief Executive Officer, Andrew Cahn said: "South Africa is a fast growth economy with infrastructure plans to match. With investment opportunities in both private and public sectors, coupled with a severe skills shortage, now is the time for UK companies to take advantage of the construction boom.


"The government's infrastructure spending plan is set to accelerate the annual growth of the economy between 4.5% and 6%. Its ambitious plans for mass transport, water projects, prisons, hospital and prison upgrades provide plenty of opportunities for UK companies."

This latest report follows on from recent research by UK Trade & Investment, which revealed South Africa to be one of tomorrow's most exciting investment destinations.

Several UK companies are already actively involved in major infrastructure projects for South Africa, including Bombardier Transportation UK Ltd, which is providing the new train fleet for the Gautrain project, and Mott MacDonald, which is involved in Transnet's rail and port expansion programme.

(JM)