South Africa planning $50bn infra investment

South Africa’s Minister of Public Works and Infrastructure has said the country intends to deliver nearly $50bn of infrastructure projects over the medium term, with PPPs being a key part of the mix.

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Sihle Zikalala said the public sector is projected to spend R903bn ($49.39bn) on infrastructure projects over the medium term, with the bulk of that coming through a range of methods involving the private sector, including PPPs.

“Around R448bn [$24.5bn], will be spent by state-owned companies, public entities and through public-private partnerships,” he said during an update on the progress in implementing the National Infrastructure Investment Plan.

Last month, South Africa’s Department of Water and Sanitation released a call for expressions of interest (EOI) on a programme of renewables PPP projects.