http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.86Change: 0.00
R/$ = 12.75Change: -0.10
Au 1088.21 $/ozChange: -4.31
Pt 954.00 $/ozChange: -4.50
 
 
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 Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Oct 19, 2012

‘Countless opportunities’ for practical infrastructure partnerships – Motlanthe

Back
Construction|Johannesburg|Africa|Building|Environment|Export|Health|PROJECT|Projects|Resources|transport|Water|Africa|South Africa|Energy|Logistics|Manufacturing|Ebrahim Patel|Infrastructure|Jacob Zuma|Kgalema Motlanthe|Water
Construction||Africa|Building|Environment|Export|Health|PROJECT|Projects|Resources|transport|Water|Africa||Energy|Logistics|Manufacturing|Infrastructure|Water
construction|johannesburg|africa-company|building|environment|export|health|project|projects|resources|transport|water-company|africa|south-africa|energy|logistics|manufacturing|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
Updated 2 hours 59 minutes ago This eight-page brief is a synopsis of key developments in the construction industry over the past 12 months. It provides an overview of South Africa’s construction sector and includes details thereof in the public and private sectors, as well as labour and skills...
South Africa has been shortlisted by The European Outsourcing Association (EOA) for the Offshoring Destination of the Year 2015 award, competing against Bulgaria and Latvia. Now in its sixth year, the EOA Awards recognised and celebrated the efforts of companies who...
Trade and Industry Minister Dr Rob Davies
South Africa planned to offer five reasons as to why it should retain its status as an African Growth and Opportunity Act (Agoa) beneficiary during public hearings scheduled for Friday in Washington DC. The US House of Representatives passed a ten-year extension to...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
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
Subscribe Now for $96 Close
Subscribe Now for $96