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OPINION: Built Environment Professionals' participation in upcoming national elections is vital

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Mlondi Cele, a Built Environment Professional, emphasizes the significance of the upcoming national elections for the construction and built sectors. He encourages stakeholders to actively participate and articulate their expectations to influence economic policies and attract investments. Cele believes that the involvement of industry professionals and stakeholders in the elections can positively impact the industry's future and create favorable outcomes for all. The South African elections are of paramount importance to the construction and built sectors, as they have the potential to significantly influence their future trajectories. Economic, policy, and regulatory changes stemming from the elections can either catalyze growth or present novel challenges. Consequently, it is a pivotal juncture for stakeholders in these industries to actively participate in the electoral process and advocate for their interests. The construction and built environment industry plays a central rol
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Does the Coronavirus crisis call for stimulus packages to boost infrastructure?

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Stimulus packages to boost infrastructure investment will likely be an important policy tool used  local governments to shore up the economy, job and consumption markets on a long-term basis, Chinese analysts and industry experts said.

Does the Coronavirus crisis call for more stimulus packages by the South African government on infrastructure to shore up the economy and jobs on a long term basis?


Stimulus packages to help sustain economic momentum


In China 20 provincial and municipal governments announced a series of infrastructure investment projects worth nearly 7.6 trillion yuan ($1.09 trillion yuan) this year, indicating the nation is injecting growth momentum into the economy after an extended period of slowdown caused by the novel coronavirus outbreak.

Zhang Yansheng, a senior researcher at the Beijing-based China Center for International Economic Exchanges, believes that unlike monetary measures, higher investment in the infrastructure sector is a practical way to deal with the economic slowdown and stimulate manufacturing activities. It can also help regain economic vitality, he said.

Infrastructure accounted for 31.2 percent of China's GDP growth last year, while consumption and exports contributed 57.8 percent and 11 percent respectively, according to data from the National Bureau of Statistics.

Chinese provinces and major cities will not only speed up investment in the development of traditional infrastructure categories such as railroad and regional airport development, but also add resources to public health services, 5G networks and cutting-edge manufacturing technologies, amid efforts to mitigate the impact of the epidemic outbreak, said Zhang Liqun, a researcher with the Development Research Center of the State Council.

These infrastructure projects can also bring growth points to global companies looking to jointly develop businesses across the country, Zhang said.

In terms of enhancing the weak links of infrastructure, the government will also enhance construction in causes such as poverty alleviation, transportation and energy, people's livelihoods and the renovation of old urban residential areas, according to new policy measures released by the National Development and Reform Commission.

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