Construction Industry Development Board SA Revenue and Competitors

The Construction Industry Development Board (cidb) is a Schedule 3a public entity established to lead construction industry stakeholders in construction development. It is established in terms of the CIDB Act 38, of 2000.\n\nConstruction plays a pivotal role in South Africa's economic and social development. It provides the physical infrastructure that is the backbone of economic activity. It is also a large-scale provider of employment opportunities. The role of the cidb is to facilitate and promote the improved contribution of the construction industry to SA's economy and society.\n\nAmongst others the cidb must promote:\n\nuniformity in construction procurement\nefficient and effective infrastructure delivery\nconstruction industry performance improvement\ndevelopment of the emerging sector, including industry transformation; and\nskills development.\n\nThe scope of work of the cidb excludes home building, which is regulated by the National Home Builders Regulatory Council (NHBRC).