Government lashed for ’empty promises’ on infrastructure investment

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The government’s planned R96 billion infrastructure expenditure programme has again been criticised because of its slow to non-existent implementation. Moneyweb Economy

The government’s planned R96 billion infrastructure expenditure programme has again been criticised because of its slow to non-existent implementation, despite President Cyril Ramaphosa emphasising in his State of the Nation Address that infrastructure is central to South Africa’s economic reconstruction and recovery.

He said the first of the two-stage procurement process is scheduled to close later this month, with the preferred bidder likely to be announced in September. Promises Despite the details on infrastructure projects provided by Ramaphosa, Industry Insight said that with a focus on infrastructure development, it is looking for guidance on where the country is heading in terms of infrastructure rollout programmes “promised over the years”.

 

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