The two linked market drivers Murray & Roberts is focused on are:
- South African gross fixed capital formation (GFCF), which is
expected to drive annual growth of 15% to 25% through to at
least 2014 and probably beyond to 2025; and
- Global demand for natural resources, which will continue to
drive economic development in many developing markets and growth
in demand for extraction infrastructure.
Our plan is to maintain about two thirds of group activity in our
domestic market, where we seek to build sufficient critical mass in
a variety of key sectors and play a leadership role in the major
opportunities that will flow from the country's infrastructure
development agenda.
On the other hand, the majority of group activities are directly
geared to the infrastructure requirements for accessing, extracting,
beneficiating and industrialising natural resources. This is
particularly true of our operations in South Africa, Canada and
Australia, while our operations in Middle East are geared to deliver
economic infrastructure funded by free cash flows from buoyant
resource demand. |
