Mauritius | Infrastructure

October 22, 2013

Construction: Negative Growth Expected For 2013

The plot thickens in the construction sector as there is no major project on the horizon. Many indicators point to a trend of negative growth in this sector.

" The construction goes through a very difficult situation. There will be no improvement in the short term , "said Anwar Ramdin, the President of the Building and Civil Engineering Contractors Association ( BCECA ) to Early Bird . According to him, several players in the construction industry are in talks with the government on various projects. "We heard that several projects were discussed , but nothing has been materialized so far ," he has said.
Anwar Ramdin said that since the beginning of the year, there were layoffs and the situation does not improve. "Right now , construction companies will have to restructure and jobs will be lost ," Has he said.
" Some companies rely on seasonal workers when there is a job. But they'll have to fire them now, " he said.
The President explained that the BCECA Euro crisis has certainly created a slowdown in projects , including the construction of 10,000 houses that are still pending. " With the recession, the government is delaying the launch of public projects," he argued .
Anwar Ramdin also noted that at this time the ' contractors ' are eagerly awaiting the project " Public Private Partnership " (PPP). " These projects will enable the industry to restart ," he has said. Building Neotown Les Salines , Port Louis, the projects Integrated Resort Scheme (IRS ) and the Real Estate Scheme ( RES ) are among the major projects that builders expect .
Last year , cement and building materials such as blocks were mainly used for road projects and hotel projects .

Text by Le Matinal
 

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