Infrastructure projects are the way to energise our ailing economy
The president’s commitment to vital infrastructure expansion and maintenance is laudable, and private-public partnerships are the way to go
The R400bn infrastructure fund recently announced by President Cyril Ramaphosa offers a welcome boost to public-private partnerships (PPPs) and concessions. A meaningful partnership between the government and the private sector in infrastructure expansion and maintenance will provide a much-needed stimulus to our ailing economy. I strongly support the government’s renewed commitment to strategically important, large-scale infrastructure initiatives and projects. We should not underestimate the contribution infrastructure projects make to job creation, more efficiency in the economy and greater competitiveness, ultimately ensuring a better life for all South Africans. However, affordability and value for money for the government and the end-user is critical, and that requires allocating risks to those parties best able to manage them. To ensure efficiency, it is imperative that the government sticks to its mandate and what it is best geared to do, such as provide healthcare, educatio...
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