Prepare for the economic recovery

With the world waiting for the upswing of the recession to pick up speed, the building and construction, hardware and allied products industries should prepare themselves in the meantime, so as to capitalise on the recovery when it happens. This is the message from Specialised Exhibitions, organisers of the Star Interbuild Africa 2010 show, the largest and most comprehensive building and construction, hardware and allied products exhibition on the continent.

Economists are predicting that the first sub-sector to recover will be commercial property, while there are excellent opportunities this year for suppliers and installers of energy-saving, solar-powered products, in light of the pending electricity tariff hikes. Eskom also recently increased its solar water heater rebates by up to 120%, thus more South Africans will now be able to afford solar-powered geysers, geyser-insulation and other forms of insulation.

There are also many opportunities for the pipeline industry as infrastructure always requires maintenance, upgrading and replacement, while statistics like glass, paint and hardware making up seven to eight percent of retail trade in South Africa should also come as welcome news to the building and construction sector. In the housing market, the recession has prompted people to renovate their homes, rather than buy and as a result, the DIY/hardware sector looks positive. In rural areas also, this market is thriving.

Industry players need to stay on top of their game in 2010 by keeping abreast of new technologies and products, purchasing quality brands and finding cost-saving deals – Interbuild Africa 2010 is a one-stop-shop in this regard, explains Specialised Exhibitions’ chief executive officer, Gary Corin. “The event also gives exhibitors the opportunity to showcase their products and services to some 8 000 visitors from all over the African continent, as well as Europe, Asia and Australia, including top decision-makers in building-related industries,” he says.
Taking place from September 8-11 at the MTN Expo Centre, NASREC in Gauteng, Interbuild Africa 2010 includes co-locating shows Plumbdrain Africa, Sani’ter, Frigair, Glass Expo Africa, Hardex and Woodpro Africa.

Follow Hardex

Roz Nash
Tel: 011-835-1565
Email: HYPERLINK “mailto:roz@specialised.co.za” roz@specialised.co.za

email

Subscribe

Subscribe to our e-mail newsletter to receive updates.