Is infrastructure investment still the saving grace for SA's economy?

A recent Business Day Dialogue, in partnership with AfriSam, discussed infrastructure’s potential to rebuild the economy and the challenges faced by construction companiesThe panel of speakers during a recent Business Day Dialogue, in partnership with construction materials supplier, AfriSam. Picture: SUPPLIED

Public infrastructure is critical to achieve the National Development Plan objectives, such as integrated housing, public transport, energy, water and sanitation to supply and stimulate the economy and supplier industries, said Miriam Altman, director at Altman Advisory.The responsibility of the state is to pay, plan alongside and procure from the private sector and create an environment where the private sector can execute these projects timeously and cost effectively.

Richard Tomes, sales and marketing executive at AfriSam, said several construction companies did not survive the post-2010 construction drought, which has resulted in Sanral projects being awarded to Chinese companies and young engineers leaving the country to find employment. Tomes said cement provides full benefaction, from the raw extraction to the finished product, and adds significant value to the SA economy.

AfriSam There is nothing new with that. Ever heard of a bid specification committee

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