Bhooshan Ramloll, Baceca: "No Big Project For Next Year"

11 years, 7 months ago - September 04, 2012

"Next year will be very difficult. We do not expect growth because we have no big project starts. We should brush with disaster, "said to Le Matinal Bhooshan Ramloll, president of the Building & Civil Engineering Contractors Association (Baceca).

"This year, we somehow managed to get us out of the game Several construction projects have reached a cruising speed after a slow start. Despite this, we do not know the rate of growth we expected at the beginning of the year. We hoped to grow by 3%, "he added.

He believes that the crisis in Europe and America can affect this sector. "For next year, it will be very difficult. In 2008, the construction sector had grown by 11%. But in 2009, the rate has declined to stop completely at 2.5%. The demand for building materials has completely fell last year and this is the only reason we have not had the desired growth. "

Euro crisis has created a slowdown in several projects and the construction of 10,000 houses is still pending. At the beginning of a project, people invest big, but to continue the project, debtors want more time. We expected to emerge from the crisis quickly, but this is not the case, "he argued.

Bhooshan Ramloll indicates that for the moment it is the road infrastructure projects of the government and hotel projects that consume mainly construction materials, including cement, concrete blocks and asphalt.

Text by Le Matinal

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