What strategies are formwork companies implementing in order to counteract the economic slowdown?
Construction Week investigates. As a product that is intrinsically linked to construction, the success or otherwise of the sector essentially determines the level of demand for formwork. So with the global recession now in full swing, how have formwork firms been affected to date and what methods and new techniques are they implementing to counteract the issue? Containing economic issues In short, formwork is the term that describes the temporary or permanent mouldings that are used to contain materials, such as concrete, during construction to form structural elements of a building like floors and walls. As such, any reduction in construction activity will automatically affect the formwork sector. Story continues below Advertisement –> FEATURED COMMENTPlease click here to comment on this article “The construction industry is one of the most affected sectors in the UAE. Some customers lost nearly all their work as the projects they were working on were stopped; some have been postpone
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