Slow ten­ders lose 64 000 jobs

Weekend Witness - - News -

PRE­TO­RIA — About 64 000 jobs in the con­struc­tion in­dus­try were lost in the first quar­ter and this num­ber could rise sharply in the short term un­less pro­jected gov­ern-” ment spend­ing quickly gets into gear.

Con­struc­tion data ser­vice In­dus­try In­sight shows 161 pub­lic sec­tor projects have been post­poned since the be­gin­ning of last year.

In­dus­try In­sight chief ex­ec­u­tive Elsie Sny­man says the num­ber of projects put out to ten­der more­over fell by a third in the first quar­ter af­ter the tempo at which projects were be­ing post­poned more than dou­bled last year. Fur­ther de­lays in govern­ment projects dur­ing 2010 will im­pact the in­dus­try heav­ily as the de­mand for res­i­den­tial con­struc­tion re­mains weak, she said. — Sake24.com.

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