2010 cup boosts construction

07 January 2009 - 02:00
By unknown

Record order books are expected to help South African construction stocks maintain decent earnings growth in the new year, but beyond that the future is uncertain as the global credit crisis eats up future work opportunities. South Africa's big four construction firms boast a combined R120billion order book, thanks to the construction growth in the lead-up to the 2010 Fifa World Cup, as well as developments in other markets. - I-Net Bridge

Record order books are expected to help South African construction stocks maintain decent earnings growth in the new year, but beyond that the future is uncertain as the global credit crisis eats up future work opportunities. South Africa's big four construction firms boast a combined R120billion order book, thanks to the construction growth in the lead-up to the 2010 Fifa World Cup, as well as developments in other markets. - I-Net Bridge