Oct 19, 2012
SA plans R4-trillion infrastructure roll-out over 15 yearsBack
Construction|Africa|Industrial|PROJECT|Project Management|Projects|Water|Africa|South Africa|Basic Services|Manufacturing|Project Management|Services|Ebrahim Patel|Infrastructure|Jacob Zuma|Water|The National|South Africa|The 2010 FIFA World Cup
© Reuse this
He said some of these projects would have to be paid for by the private sector, such as industrial projects connected to infrastructure. The State would invest about R844-billion on infrastructure developments over the next three years.
Economic Development Minister Ebrahim Patel told journalists at the conference that the 20-year National Infrastructure Development Plan was radically different than previous initiatives as it was geared towards attracting and facilitating investment, while reaching across all provinces.
The plan was aimed at constructing new projects and expediting existing ones to enable economic and social development.
The plan clusters 645 infrastructure projects into strategic integrated projects, or Sips, which now numbered 18 following the recent addition of a Water and Sanitation Masterplan.
Deputy President Kgalema Motlanthe said implementation of the projects would be the most challenging. He called on industry to partner with government in achieving the country’s development goals.
“The rationale behind this approach is to do away with the bureaucratic properties and expedite the implementation part of our work.”
Zuma stated that South Africa should use what it had learned in terms of project management with its hosting of the 2010 FIFA World Cup to successfully implement the National Infrastructure Development Plan.
"The failure to invest in basic services in black communities over the decades of colonial oppression and apartheid is a critical element in the persistence of inequality today."
He added that although the country still had a long way to go, it had made progress in improving and creating infrastructure over the past 18 years, since the advent of democracy.
Zuma further said local sourcing of construction materials for infrastructure development projects would contribute to manufacturing in South Africa, adding to job creation.
The President stressed the importance of collaboration between government, labour and the private sector in achieving the goals set by the infrastructure plan.
At the conference, various memoranda of understanding (MoUs) between the State and social partners were signed, including an MoU between the government; business associations, including Business Unity South Africa and the Black Business Council; labour organisations, including the Congress of South African Trade Unions, the Federation of Unions of South Africa and the National Council of Trade Unions; as well as community organisations consisting of the South African National Civic Organisation, the Women’s National Coalition, the South African Youth Council and various organisations represented by the National Economic Development and Labour Council.
The parties committed to pursue the formalisation of a partnership to support the implementation of the National Infrastructure Development Plan.
In addition to laying the foundation for long-term growth, as well as social and economic development, the plan also formed part of the measures to counter the impact of the struggling global economy on South Africa.
“Given that our economy is so intertwined with the global economy, especially in terms of trade, we have to work on measures to stay afloat,” Zuma said.
Edited by: Mariaan Webb© Reuse this Comment Guidelines (150 word limit)
Updated 5 hours ago The majority of the 41 signatory countries to the Organisation for Economic Cooperation and Development’s (OECD’s) Anti-Bribery Convention, adopted in 1997, have failed to clamp down on foreign bribery activities. Fifteen years after its implementation, only four...
Updated 6 hours ago President Jacob Zuma on Thursday revealed the composition of the new team of Ministers and business proponents set to lead the Presidential Black Economic Empowerment Advisory Council. Trade and Industry Minister Dr Rob Davies, Minister in the Presidency responsible...
Updated 6 hours ago Cabinet on Wednesday approved the retention of South African Airways (SAA) chairperson Duduzile Myeni and nonexecutive director Yakhe Kwinana, while also approving the appointment of Dr John Tambi and Anthony Dixon as board members at the troubled national carrier....
Recent Research Reports
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
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 road...
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.
This Week's Magazine
The broad-based black economic-empowerment (BBBEE) alignment process in the con-struction sector has begun, dur-ing which the sector codes of the Construction Sector Charter Council (CSCC) will be aligned with the revised Codes of Good Practice (CoGP), which come...
It is second time lucky for Toby Venter. Ten years ago he negotiated to buy the Kyalami racetrack, but “the deal did not materialise”.
Environmental solutions company I-Cat started construction work on its R22-million, 1 949 m2 environmentally sustainable office and warehouse facility, commissioned by I-CAT Environmental Solutions, at a launch event in October. The new sustainable I-CAT campus,...
Effective file synchronisation and sharing across an organisation’s structures can provide the basis for robust mobile-device and document management while maintaining proper backup, version control and content distribution. These are the lessons learned by complex...
Hotel group Carlson Rezidor currently holds the largest hotel pipeline in Africa with 30 hotels and 6 300 rooms under development. The hotel group develops and operates Radisson Blu in the upper upscale segment and Park Inn by Radisson in the mid-market segment. With...