Massive construction growth in emerging markets
By Khanyisa Tabata
16 November 2009
Deputy President Kgalema Motlanthe says an international study has shown that construction growth in Nigeria will be the fastest of all markets in the next 10 years.
Addressing the 10th anniversary celebrations of the South Africa-Nigeria bi-national commission in Nigeria, Motlanthe said infrastructure construction in emerging markets is set to grow by 128-percent until 2020, compared with 18-percent over the same period in developed countries.
He says South Africa is already seeing this massive infrastructure development occasioned by, amongst others, the hosting of the 2010 Fifa World Cup.
16 November 2009
Deputy President Kgalema Motlanthe says an international study has shown that construction growth in Nigeria will be the fastest of all markets in the next 10 years.
Addressing the 10th anniversary celebrations of the South Africa-Nigeria bi-national commission in Nigeria, Motlanthe said infrastructure construction in emerging markets is set to grow by 128-percent until 2020, compared with 18-percent over the same period in developed countries.
He says South Africa is already seeing this massive infrastructure development occasioned by, amongst others, the hosting of the 2010 Fifa World Cup.
Comments