| |
|
|
| Introduction |
| |
For the first time in more than a quarter
century, Gross Fixed Capital Formation (GFCF) has taken centre
stage in defining the future economy of many developing nations,
including South Africa. “The build-out of the developing
world, as it closes the infrastructure gap with the developed
world, will probably be the most important theme in global
investments for the coming decade” cites a recent investment
report.*
Murray & Roberts has more than trebled in size over the past three
to four years, having previously divested all its underperforming
and non-strategic businesses and acquired new construction industry
capacity in Cementation, Concor and Clough and more recently, Ocon
Brick and Wade Walker.
For South Africa to succeed and provide quality of life for all its
people, it is essential for significant new fixed investment to be
made in critical infrastructure for Transport & Logistics; Power & Energy;
Water & Sanitation; Telecommunications; Health & Education; and Accommodation & Facilities.
Murray & Roberts has developed a formidable performance platform
and capacity to embrace the growth challenge offered by investment
into these markets and its growing international operations. |
|
Brian C Bruce
Group Chief Executive |
|
| * Analyst Equities Report |
|
|
|
|
|
