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Aims to give investors a clear picture of government’s plans for the next 24 years. 00:01
Experts from business, organised labour, think tanks and SOEs are involved in drafting the plan. Image: Shutterstock
The Department of Public Works and Infrastructure (DPWI) is developing the National Infrastructure Plan 2045 (NIP 2045), which will provide investors with a clear picture of the governmentâs infrastructure plans for the next 24 years.
DPWI Minister Patricia de Lille confirmed this on Tuesday during her budget vote speech in parliament and also provided an update on the status of some of the government’s major strategic integrated projects (SIPs).
As part of the South African Economic Reconstruction and Recovery Plan, 276 projects (valued at more than R2.3 trillion) were identified at the President’s inaugural Sustainable Infrastructure Development Symposium South Africa. Following on from this, the Presidential Infrastructure Coordinating Commission Council has gazetted ±60 Strategic Integrated Projects.
In response, the NBF and long-term co-hosting partner Nedbank, organised a virtual Nedbank-NBF Networking Forum themed, ‘Public-Private Engagement to Facilitate a More Structured and Enduring Relationship with the Private Sector in Support of the Infrastructure South Africa (ISA) Initiative.’
The event, which was hosted on Tuesday, 4 May 2021 featured high profile speakers, Honourable Patricia de Lille, Minister of the Department of Public Works and Infrastructure and Dr Kgosientso Ramokgopa, Head of Investment and Infrastructure Office and ISA in the Office of the Presidency.
President welcomes focus on improved municipal water infrastructure and services thepresidency.gov.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepresidency.gov.za Daily Mail and Mail on Sunday newspapers.