Jun 19, 2009
China responding positively to Africa’s desire for infrastructureBack
Gauteng|London|Maputo|Africa|China|Democratic Republic Of Congo|South Africa|Spain|Zambia|USD|Inga Dam|Energy|Oil Storage Tanks|Power Infrastructure|Transport|John Rocha|West Coast|Communication Technology
© Reuse this
“Because of the huge upfront costs, the private sector has shied away from investing in the sector but, in many cases, African governments cannot afford to foot the bill themselves,” he said.
While international response to Nepad infrastructure had been initially lukewarm, it, nevertheless, improved in the latter part of the decade, Rocha said.
There were at least 20 bankable projects in Africa, and China, in particular, had
responded to the opportunities and had
invested more than $10-billion.
Rocha pointed out that, in the Maputo Development Corridor, there had been an opportunity for an aluminium smelter, which had resulted in a highway being built between Gauteng and Maputo, at a cost of $5-billion.
Two corridors are currently in the pipeline – the central corridor, which would soon go out to tender and would comprise a refinery and oil storage tanks in a plan to upgrade the Dar-es-Salaam port – and the $1,6-billion north–south development corridor, in Zambia.
Rocha said there were four key priorities to Africa’s infrastructure development: energy, informationa and communication technology (ICT) and transport, and water and sanitation.
However, Rocha said the submarine cable running up the west coast of the continent would connect African countries directly with their destinations and thus help reduce business costs.
ICT companies had, however, invested in the continent while there were serious constraints in other sectors.
Transport was also a huge cost to business and it was sometimes cheaper to fly to London than to other African countries, Rocha said.
High transport costs added to the cost of building materials, making it nearly impossible to build roads in the DRC, with a bag of cement, for example, costing $4 in South Africa, compared with $25 in some other African countries.
Edited by: Martin Zhuwakinyu© Reuse this Comment Guidelines
Other News This Week News
Recent Research Reports
Steel 2014: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2014 report provides an overview of the global steel industry and particularly of South Africa’s steel sector over the past year, including details of production and consumption, as well as the country's primary carbon steel and stainless...
Projects in Progress 2014 - First Edition (PDF Report)
This publication contains insight into progress at the delayed Medupi and Kusile coal-fired projects, in Mpumalanga and Limpopo respectively, as well as at the Ingula pumped-storage scheme, which is under construction on the border between the Free State and...
Automotive 2014: A review of South Africa's automotive sector (PDF Report)
The report provides insight into the business environment, the key participants in the sector, local construction demand, geographic diversification, competition within the sector, corporate activity, skills, safety, environmental considerations and the challenges...
Construction 2014: A review of South Africa's construction sector (PDF Report)
Construction data released during 2013 hints at a halt to the decline in the industry during the last few years, with some commentators averring that the industry could be poised for recovery. However, others have urged caution, noting that the prospects for a...
Electricity 2014: A Review of South Africa's Electricity Sector (PDF Report)
This report provides an overview of the state of electricity generation and transmission in South Africa and examines electricity planning, investment in generation capacity, electricity tariffs, the role of independent power producers and demand-focused initiatives,...
Defence 2013: A review of South Africa's defence industry (PDF Report)
Creamer Media’s 2013 Defence Report examines South Africa’s defence industry, with particular focus on the key players in the sector, the innovations that have come out of the defence sector, local and export demand, South Africa’s controversial...
This Week's Magazine
The Electronic Systems Laboratory (ESL) of the Department of Electrical and Electronic Engineering at Stellenbosch University is strongly reaffirming its position as one of South Africa’s leading centres for satellite technology and expertise. It is currently...
The world’s lowest-cost diesel-electric locomotive is not made in China, but in Pretoria, at RRL Grindrod Locomotives’ newly upgraded 30 000 m2 plant. The company’s locomotive pricing is “more competitive than any other original-equipment manufacturer (OEM)...
The South African Defence Review 2012, released to the public at the end of last month (despite the year given in its title) recommends the creation of the post of Chief Defence Scientist. This official would be responsible for the management of defence technology...
AltX-listed engineering technology company Ansys has been awarded an R188-million contract by Transnet to supply integrated dashboard display systems to the freight rail utility’s locomotives. Black-owned and controlled Ansys developed the bespoke integrated system...
South Africa’s sole nuclear power station Koeberg, which is located in the Western Cape, breached a major operations milestone on April 4, which marked the thirtieth anniversary of Unit 1 having been connected to the grid. Eskom, which operates the two-unit plant,...