UK consultant Turner & Townsend is warning that the UK industry should beware of insolvencies as demand weakens and margins are squeezed.
With the aim of assisting the Gauteng Department of Roads and Transport’s (GDR&T) Tswelopele Contractor Development Programme in the Tshwane region, leading local asphalt expert National Asphalt has developed a comprehensive solution that optimises labour in construction without compromising cost, quality and productivity.
The fall out of late payment policies by government and large contractors alike is yet again demonstrated by the collapse of a UK company – affected by the earlier collapse of serial late-payer Carillion a year ago.
The visionary Oxford Parks development in Rosebank, Johannesburg, has seen its first building completed by Concor Buildings for the new head office of oil company BPSA. The building has achieved a 4-Star Green Rating in terms of the GBCSA standards.
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