The South African government is making headway on some of its aims to promote sustainable infrastructure development (SID), with a number of key developments recently announced to further the country’s infrastructure and economic recovery goals.
The government set up a new body, Infrastructure South Africa (ISA), last year to lead revised institutional arrangements for infrastructure development. ISA’s establishment was part of the government’s goal of attracting participation and funding from the private sector through presenting a pipeline of bankable infrastructure projects.
At a recent symposium to provide updates on ISA’s progress on bringing projects through to bankability and securing funding for pipeline projects, the government also presented a series of new pipeline projects, provided more information on the National Infrastructure Plan (NIP) 2050 and also announced key changes in the infrastructure sector based on lessons learned since ISA’s launch event in 2020.
