Group Five reports 28% jump in profit, tight civils market
Government spending had been rolling out in a number of focused pockets, such as water, healthcare and power, but there had been little movement on government’s “big themed strategic projects” as part of its national infrastructure plan, said Group Five CEO Mike Upton on Monday, Engineering News reports.
He noted Cabinet would “really need to get down to business” after the election, in order to “create the infrastructure that creates jobs”.
“The traditional markets have been slow, and it is a concern to us.”
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Article written by: Irma Venter
Image caption: Mike Upton Photo by: Duane Daws