Professional engineering services
In KwaZulu Natal, the market for professional engineering services is worth about R3.2 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 be competitive to win contracts. The market is relatively uncrowded, with only 7 suppliers currently working with 3 departments, which could be an opportunity for your business. It's also worth noting that the Department of Public Works and other government departments favour businesses with a good Broad-Based Black Economic Empowerment level, with about 64% of the spend going to black-owned businesses. To get a foothold in this market, you should start by researching the procurement needs of the 3 departments that are currently buying these services and tailor your approach to meet their specific requirements.
R3M
7
3
R460K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
63.9%
14.7%
8.2%
1.8%