http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.17Change: 0.04
R/$ = 10.69Change: 0.01
Au 1281.11 $/ozChange: 2.07
Pt 1422.00 $/ozChange: 6.50
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 19, 2012

‘Countless opportunities’ for practical infrastructure partnerships – Motlanthe

Back
Construction|Johannesburg|Africa|Energy|PROJECT|Projects|Resources|Water|Africa|South Africa|Energy|Logistics|Transport|Ebrahim Patel|Infrastructure|Jacob Zuma|Kgalema Motlanthe|Water
Construction||Africa|PROJECT|Projects|Resources|Water|Africa||Energy|Logistics|Transport|Infrastructure|Water
construction|johannesburg|africa-company|energy-company|project|projects|resources|water-company|africa|south-africa|energy|logistics|transport-industry-term|ebrahim-patel|infrastructure|jacob-zuma|kgalema-motlanthe|water
© Reuse this



South Africa’s large-scale public infrastructure programme, currently comprising 18 strategic integrated project (Sip) clusters, comprising 645 individual projects for delivery over a 20-year period, offered “countless opportunities” for partnerships, Deputy President Kgalema Motlanthe said on Friday.

Addressing the Presidential Infrastructure Investment Conference, in Johannesburg, Motlanthe called for a broad-based public-private “coalition” to support the infrastructure strategy, which was being pursued partly to address current backlogs, but primarily to provide the “basis” for future economic growth, job creation and social cohesion.

The conference, which was convened by President Jacob Zuma, who heads the Presidential Infrastructure Coordinating Commission established to improve infrastructure planning and coordination, was attended by organised business, labour, built-environment professionals, academics, construction companies, manufacturers, local and domestic financial institutions, as well as provincial premiers and metropolitan mayors.

Motlanthe said efforts should be made to galvanise domestic savings and pensions funds in support of the projects, while also stressing the need for foreign and domestic investments to complement the efforts of government departments and State-owned companies.

The multitrillion-rand programme could not be funded through domestic savings alone, he said.

Economic Development Minister Ebrahim Patel added that various funding models would be pursued and interrogated, including ensuring that pension fund resources were deployed in the form of both project equity and debt.

The comments come amid ongoing appeals from the business community for clarity on the envisaged role for public–private partnerships within the infrastructure plan, which some observers have criticised for being overly dominated by public entities.

The Sip clusters, which have been enlarged from 17 to 18, with the inclusion of a national water and sanitation cluster of projects, include energy projects, mineral export transport corridors, municipal infrastructure projects, agro-logistics schemes, information communication and science programmes, educational and health infrastructure plans and regional integration projects.

Motlanthe said the 20-year National Infrastructure Development Plan created the potential for “practical” partnerships associated directly with the construction of the projects, but also for building the manufacturing capacity needed to supply into the projects.

The end result should be country that is “more socially cohesive, more prosperous and more productive”, Motlanthe said.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
 
Latest News
Sacci CEO Neren Rau
The South African Chamber of Commerce and Industry (Sacci) would work with the office of the Afican National Congress (ANC) secretary-general Gwede Mathashe on a series of constructive engagements on improving the domestic economic climate and building a more...
JSE-listed investment and empowerment group Grand Parade Investments (GPI) and electronics contract manufacturer Tellumat have teamed up to create a 51:49 joint venture company Grand Tellumat Manufacturing. The transaction would see the engineering skills and...
JSE-listed property group Redefine Properties on Friday said its acquisition of all the assets and the property portfolio of Fountainhead Property Trust, had not been approved by the requisite majority of Fountainhead unitholders and would, therefore, not be...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
MODDERFONTEIN NEW CITY Modderfontein New City will aim to exemplify an integrated city node and improve infrastructure utilisation through mixed-use spaces
The multibillion-rand development of the Zendai Modderfontein New City, east of Johannesburg, will aim to exemplify an integrated city node, says property group Zendai South Africa COO Wenhui Du. The development will focus on the Modderfontein Gautrain station to be...
The South African Civil Aviation Authority (CAA) hopes to have finalised regulations for the flying of Unmanned Air Vehicles (UAVs) – also designated Remotely Piloted Air Systems (RPAS) and popularly called drones – in the country’s civilian airspace by the end...
Various stakeholders have expressed optimism that the Small Business Development Ministry, created after the national elections in May, will add much needed impetus to enterprise development in South Africa, where a strengthening of the entrepreneurial culture is...
BOB SCHOLES To ensure that emissions plateau by 2020 and then decline until a net negative emission level is achieved by the end of the century, CO2 capture and storage in addition to major emission reduction efforts will be needed
Capturing and storing carbon dioxide (CO2) is the only way through which the world will achieve the lowest of the United Nations Framework Convention on Climate Change’s (UNFCCC) global warming predictions, called the representative concentration pathway (RCP) 2.6....
PARKS TAU Ongoing investigations had identified at least 30 large power users in Johannesburg as having defrauded the city
The City of Johannesburg has recovered R107-million following the arrest of 22 people allegedly involved in corruption, collusion, fraud and tampering with the city’s electricity systems, which had ultimately cost the city R200-million in lost revenue.
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks