Heavy construction services
The market for heavy construction services in the Eastern Cape is worth about R4.2 million, which is a decent size. However, it's not growing at the moment, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With only 10 suppliers currently working with 4 departments, it's relatively uncrowded, which could be an opportunity for your business. It's also worth noting that the government is prioritising businesses with a strong black economic empowerment profile, with about 75% of the spend going to black-owned businesses. To get a foothold in this market, you should start by reviewing your B-BBEE level and looking for ways to improve it, as this will give you a better chance of securing government contracts.
R4M
10
4
R422K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
74.6%
33.0%
16.7%
1.9%