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Windfarm News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

'This is a fully funded private sector investment and what we need to do is see more of that.'

The latest wind powered electricity generation development is taking shape near Jansenville in the Eastern Cape.The project is also set to pump R200-million into community development over the next two decades through a variety of social projects.

Minister of Public Works and Infrastructure Dean Macpherson says the private sector played a major role in funding this project. “This is a fully funded private sector investment and what we need to do is see more of that. I am on a mission to ensure that we see more private capital coming into the infrastructure space in South Africa and we cannot solely reply on government to fund infrastructure. We have some ideas on how we can leverage public and private sector to work harder and to work smarter.

 

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