BUSINESS MAVERICK: Infrastructure projects: Less talk, more action

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If there is one thing Siya Kolisi and Covid-19 have taught the SA government, it is that we are #strongertogether. When it comes to the rollout of critical infrastructure, the government has forged an alliance with business to #getthejobdone. It has never been more urgent.

, the office wasted no time bringing together infrastructure specialists, technical and financial structuring experts, business associations, as well as line ministries and financial institutions to identify and iron out barriers and bottlenecks to the deployment of critical infrastructure in SA.

The message from the financial institutions was unequivocal: Bring us good, solid, bankable projects and we willCabinet approved revisions to the Infrastructure Bill on 27 May. These revisions will ensure that the bill supports, rather than hinders government’s plans – specifically as they relate to public-private partnerships and the involvement of the private sector.Renosi Mokate, convener of the Presidential Economic Policy Advisory Council, told the government delegates at the symposium.

“We have identified 55 projects, some of which have been referred to the private sector, some to the DFIs for blended finance and some to government. These projects will be gazetted,” said Patricia de Lille, Public Works and Infrastructure Minister. In addition, she said, the private sector teams that have been providing technical or financial services to the Ramakgopa team, have made their services available for another year.

 

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