Finance minister Enoch Godongwana. Picture: JAIRUS MMUTLE/GCIS
The success that has already been achieved will be highlighted at this week’s SA Investment Conference 2023, where participants will not only take stock of the use of funds pledged during the previous five years, but also set new targets for the time ahead. Already, government has indicated that it will raise its initial target of R1.2-trillion to R2-trillion worth of investments over the next five-year period.
An infrastructure fund was established with R100bn of seed money over a 10-year period to leverage blended financing from private investors and multilateral banks. Investment SA was established as a single point of entry for infrastructure planning, management and delivery. The ERRP recognises that the country will not achieve long-term gains unless it is underpinned by a range of policy actions designed to create the enabling conditions for sustained economic growth.
When ? EGodongwana
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