While the president has sought to leverage infrastructure as the centerpiece of his economic policy since 2018, and with greater urgency since the Covid-19 pandemic, a new report commissioned by Business Leadership SA (BLSA) and conducted by consultancy Intellidex shows that infrastructure investment has fallen sharply over the past six years, from 20.3% of GDP in 2015 to 17.9% in 2019, far from the National Development Plan’s target of 30% of GDP.

But every crisis creates an opportunity, as the report points out, and a key component of this is through public-private partnerships (PPPs) — but the question is what needs to happen to unlock these. ..

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