SA’s active infrastructure worth R750 billion

Infrastructure

SA’s active infrastructure worth R750bn
SA’s active infrastructure worth R750bn

South Africa’s portfolio of active infrastructure projects currently stands at a value of R750 billion with 178 000 people employed across various projects sites – a new ‘comprehensive dashboard’ prepared by the Presidential Infrastructure Coordinating Commission (PICC) shows.

The dashboard was released at a meeting of the PICC council held at the Union Buildings, where the gathering convened to discuss progress on the roll-out of the 18 Strategic Infrastructure Projects (Sips) that currently make up the country's multibillion-rand National Infrastructure Plan.

These Sips cover a range of economic and social infrastructure projects, including power stations, transport corridors, schools, hospitals and municipal infrastructure.

This expenditure on infrastructure is double that was made in the five years prior, even though it was during this period that a number of high-profile projects associated with FIFA World Cup were undertaken.

The PICC is also finalising a 30-year infrastructure plan, which would include a project pipeline bigger than the current R4.3-trillion plan.

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