Wednesday, February 8, 2012

Earthquake reconstruction to revitalise the construction sector in New Zealand

The New Zealand building sector will rebound from its lowest level in 10 years as the country continues to fight back from devastating earthquakes in Christchurch despite lower activity levels in other regions, according to leading industry analyst and economic forecaster, BIS Shrapnel.
 
But BIS Shrapnel’s Building and Construction in New Zealand 2011/12 – 2017 report warns that the numerous aftershocks are having a psychological impact on home owners’ decisions on when and if to rebuild.

Contact: Adeline Wong