Construction gets cut-throat

SOUTH African Federation of Civil Engineering Contractors noted current industry confidence was below 50 out of a 100, underscoring a pessimistic outlook over the short term within the engineering and construction industry.

SOUTH African Federation of Civil Engineering Contractors noted current industry confidence was below 50 out of a 100, underscoring a pessimistic outlook over the short term within the engineering and construction industry.

The SAFCEC said the figure was in line with its expectations that the industry could decline by 10percent in real terms during 2010. - I-Netbridge

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