newsmaker
Projects pipeline ready for big pitch
New-build bonanza emerging as model for public-private accord
Kgosientso Ramokgopa, the head of infrastructure and investment in President Cyril Ramaphosa's office, says the Sustainable Infrastructure Development Symposium that Ramaphosa will launch on Tuesday will not be another talk shop leading nowhere.A pipeline of 92 bankable infrastructure projects will be pitched to private sector funders, who have been involved in the process earlier and more closely than ever before."We have not invited all and sundry, only the project sponsors, commercial banks and funding institutions who won't be seeing them for the first time," says Ramokgopa."So we're expecting firm commitments." Though only 92 projects will be pitched at the symposium, there are 272 bankable projects for the private sector to choose from.Previous government infrastructure initiatives have failed because of a dearth of investible projects, he says.A civil engineer by training, a former mayor of Tshwane and one-time Gauteng MEC for economic development, Ramokgopa has been addressi...
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