The Department of Water and Sanitation wants to create a state-owned company as South Africa’s water infrastructure collapses.noted that the quality of South Africa’s drinking water is disastrous.
According to a government gazette, the Draft National Water Resource Infrastructure Agency Water Bill is heading to parliament.the creation of the South African National Water Resources Infrastructure Agency Limited as a state-owned company. Establish a juristic person under the ownership and control of the State in order to administer, fund, finance, develop, operate, maintain, manage and provide advisory services in respect of national water resources infrastructure in an efficient and cost-effective manner to meet the social and economic developmental needs of current and future water users within the framework of national government policy and in accordance with section 27 of the...
The aim of the office is to facilitate private investment into the water industry to prevent its collapse. It hopes to follow in the footsteps of the nation’s electricity procurement agency which has attracted billions in private investment into renewable energy.