The government's budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be a powerful growth driver for South Africa's construction industry, and its infrastructure spending plans are attracting growing interest from the investment community.
In 2006, three construction-related companies on AltX were listed in the space of a month, and the share prices and capitalisation of these companies climbed rapidly. Launched in October 2003 as a parallel market to the JSE, AltX is aimed at fast-growing businesses, start-ups, family-owned businesses, black economic empowerment companies and junior mining companies.
Given the backlog in the province of Limpopo, the government plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion has been budgeted for rural electrification, and in addition R600-million has been allocated for municipal support, township establishments and site demarcation.
The government's budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be a powerful growth driver for South Africa's construction industry, and its infrastructure spending plans are attracting growing interest from the investment community.
In 2006, three construction-related companies on AltX were listed in the space of a month, and the share prices and capitalisation of these companies climbed rapidly. Launched in October 2003 as a parallel market to the JSE, AltX is aimed at fast-growing businesses, start-ups, family-owned businesses, black economic empowerment companies and junior mining companies.
Given the backlog in the province of Limpopo, the government plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion has been budgeted for rural electrification, and in addition R600-million has been allocated for municipal support, township establishments and site demarcation.
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The government's budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be a powerful growth driver for South Africa's construction industry, and its infrastructure spending plans are attracting growing interest from the investment community.
In 2006, three construction-related companies on AltX were listed in the space of a month, and the share prices and capitalisation of these companies climbed rapidly. Launched in October 2003 as a parallel market to the JSE, AltX is aimed at fast-growing businesses, start-ups, family-owned businesses, black economic empowerment companies and junior mining companies.
Given the backlog in the province of Limpopo, the government plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion has been budgeted for rural electrification, and in addition R600-million has been allocated for municipal support, township establishments and site demarcation.
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