Ricochet News

Dekon Projects ahead of competition in adopting transformation

By Nicole Klokow - Nov 16, 2016
Dekon Projects ahead of competition in adopting transformation

When a new Construction Sector Code for Black Economic Empowerment was agreed with the Minister of Public Works in June of this year, we heard many sighs of relief from our construction industry partners and competitors.

The agreement put to rest months of uncertainty that were created by a sudden repeal of the former BEE codes for the construction industry in February 2016. Our industry hopes that the new construction sector codes will be finalised, and fully-gazetted, in the final quarter of this year.

A proactive decision taken over a year ago to restructure our equity spread, means that today Dekon Projects trades as a 51% Black Owned Level 2 BBBEE Contractor. This restructuring – the result of in depth consultation, collaboration and commitment – has put us ahead of competitors, who have not taken such proactive steps.

Forty three years in business has taught Dekon Projects that change is the only constant. With the current economic environment characterised as challenging to say the least, and ever-increasing demands being placed on business, this understanding has served us well.

According to the third edition of the SA Construction report, released by PriceWaterhouseCoopers in November 2015, “Compliance with the Charter by the industry is seen as not only socially but also economically imperative.”

It follows, then, that Dekon’s agility in the face of change has breathed new life into the company.

“We feel a sense of great pride when we reflect on a track record that stretches back over 43 years,” says Hilton Wait, Director and East Cape Manager for Dekon Projects.

As President of the Master Builders’ Association’s Executive Council for the Eastern Cape and as a Councillor representing the employers on the Port Elizabeth Building Industry Bargaining Council, Wait is intimately familiar with the challenges facing those in the South African construction industry.

“What Dekon Projects has managed to achieve over the past year in terms of its Equity structure demonstrates very clearly that we remain one hundred percent committed to the industry we’ve been a part of for all these years. We will continue to build on the base we’ve established and ensure that we remain competitive in an ever-changing market.”

And this is amply illustrated in the relationships that Dekon Projects has maintained – some throughout its entire 43 years of operation.

“Our industry runs on good relationships,” says Wait, “with suppliers and with industry professionals. The reward is an established base of repeat clients and a resilient and innovative work force, which contributes greatly to our overall success.”

For more information on Dekon Projects, call 041 365 7332 (PE); 043 745 0580 (EL) or visit dekon.co.za