Pension funds offer benefits to infrastructure and asset owners
Pioneers Canada and Australia hold lessons for SA as Treasury starts talks with the savings industry
24 March 2021 - 15:35
To keep pace with the requirements of economic growth, poverty alleviation and urbanisation it is estimated that upper-middle-income economies such as SA need to spend 2%-3% of GDP a year on new infrastructure.
Studies have gone as far as to quantify the relationship between infrastructure investment and growth: a percentage point increase in potential GDP growth requires investing 1% of GDP in infrastructure...
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