Minister Dean Macpherson announces steps to turbocharge infrastructure investment
Loading player...
GUEST – Minister of Public Works & Infrastructure, Dean Macpherson
Infrastructure South Africa (ISA) has established a first-of-its-kind initiative that will allow government entities to apply for project preparation support. The government entity was established in 2020 to help with additional resources for infrastructure planning, management, and delivery.
At a media briefing on Tuesday, ISA revealed it has a multimillion-rand fund available to government departments that have existing projects but need extra assistance to get them off the ground. When a private company wants to build a housing project, it requires the relevant municipality to assist it with bulk infrastructure like roads, sewage, water, and electricity.
Infrastructure South Africa (ISA) has established a first-of-its-kind initiative that will allow government entities to apply for project preparation support. The government entity was established in 2020 to help with additional resources for infrastructure planning, management, and delivery.
At a media briefing on Tuesday, ISA revealed it has a multimillion-rand fund available to government departments that have existing projects but need extra assistance to get them off the ground. When a private company wants to build a housing project, it requires the relevant municipality to assist it with bulk infrastructure like roads, sewage, water, and electricity.
