Sona: Ramaphosa urged to focus on unlocking R900bn infrastructure investment project pipeline

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President CyrilRamaphosa has been urged by the consulting engineering sector to focus in his Sona address later this week on government efforts to unlock the much-publicised almost R900 billion project pipeline 'into shovel-ready projects'. SONA2022

President Cyril Ramaphosa has been urged by the consulting engineering sector to focus in his State of the Nation address later this week on government efforts to unlock the much-publicised almost R900 billion project pipeline “into shovel-ready projects”.

president Vic Naidoo again addressed this issue this month, stressing that recovery of the industry is the ’s key goal for the year ahead and the importance for contractors to be on sites to get the wheels of the economy moving again. “The people, the shovels and the hard hats are waiting, itching and ready to be called to action,” he said in a message in the February 2022 issue of SA Builder, the official publication of

. However, Naidoo emphasised that recovery of the construction sector is directly linked to and dependent on the roll-out of pledged public infrastructure projects. “There is no question that major plans have been drafted and announcements made about government’s intention to catalyse economic growth through public infrastructure spending. “What is missing is follow-through for announced projects to go to tender and be awarded,” he said.

 

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