World Cup Infrastructure Boom Now Over for Cement Makers

A slowdown in infrastructure project building after the World Cup rush has South African Cement makers worried about if and when they'll be able to emerge from the recession.

The government's spending plans envisages R846bn being spent on projects ranging from roads and water works to building schools and clinics in rural areas over the next three years.

Stuiver wondered whether the money would be spent in three years as planned. Speaking after the group's half-year results to March, he said it seemed as though the government's infrastructural projects were taking long to get off the ground.

South Africa: Infrastructure Slowdown Worries PPC
Business Day
May 12, 2010