South Africa’s Infrastructure Commission Council to fast-track projects valued at R340 billion

Although we are headquartered in Washington D.C. USA, our reporters and editors are working around the globe to cover what you care about. We invite you to donate to our fundraiser to help us keep our quality news free and available to all.  

As part of reconstruction and recovery of the South African economy, Government will in the coming months expedite the implementation of at least 50 infrastructure projects with a total investment value of more than R340 billion.

This was a key outcome of the inaugural meeting today, Thursday, 30 July 2020, of the reconstituted Council of the Presidential Infrastructure Coordinating Commission.

President Cyril Ramaphosa chaired the meeting, which brought together Ministers, Premiers, Metropolitan Municipality Mayors and the South African Local Government Association to ensure the effective integration of the country’s substantial infrastructure programme.

[read_more id="2" more="Read full article" less="Read less"]

President Ramaphosa said the focus of this Administration is to consolidate infrastructure under one roof to ensure effective implementation.

“Our experience has been that infrastructure can only be sustainable if there is cooperation and partnership between all three spheres of government and if there is a common intent,” he said.

In terms of the Infrastructure Development Act of 2014, the Presidential Infrastructure Coordinating Commission (PICC) acts through its Council.

The Council coordinates the development, maintenance, implementation and monitoring of the national infrastructure plan; coordinates the determination of priorities for infrastructure development; designates strategic integrated projects (SIPS) and ensures that infrastructure development in respect of any SIP is given priority in planning, approval and implementation.

The Council also coordinates the identification of strategic partners with which to conclude agreements which seek to promote the objects of infrastructure development.

The Council must ensure that infrastructure projects promote economic equality, social cohesion, decent employment opportunities and skills development.

In keeping with this mandate, the Council agreed today to expedite the implementation of projects in prioritised sectors such as human settlements, transport, energy, water and sanitation, agriculture and agro-processing, and digital infrastructure.

The Council confirmed a new approach to infrastructure build, including:

• preventing corruption through transparent tender processes and stronger due diligence;
• greater involvement of communities in design and implementation;
• emphasis on local employment and procurement, and targeted involvement of SMEs, as well as
• blended financing through the Infrastructure Fund to mobilise more resources from the private sector, multilateral development banks and development finance institutions.

President Ramaphosa emphasised the vital importance of infrastructure development in responding to the economic impact of the COVID-19 pandemic, restoring growth and creating jobs.

“Extraordinary measures are required to return us to a path of sustainable growth. Central to this effort is infrastructure construction and maintenance, which is the flywheel for economic growth and large-scale job creation,” he said.

[/read_more]

Today News Africa
Today News Africahttps://todaynewsafrica.com
TODAY NEWS AFRICA is registered and headquartered in Washington, District of Columbia, United States of America. Our publication is widely read, respected and influential. By providing daily answers to questions our readers have about the people, the businesses and the continent of Africa, we are reaching a diverse and wide audience from around the world. Our readers, many of them world leaders, trust us because we are independent and truthful. Our advertisers understand the difference between news, views and ads. Contact us: contactus@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

Joe Biden says U.S. “must stand with” peaceful protesters in Nigeria

Democratic presidential nominee Joe Biden on Thursday said the United States "must stand with" protesters in Nigeria who are demanding police...

Buhari to finally address Nigerians as country slips into chaos

President Muhammadu Buhari will make a national broadcast Thursday, October 22, 2020, at 7p.m., the Nigerian presidency said in a statement...

Nigerians in USA to hold ‘mother of all protests’ against police brutality and bad governance in their home country

Nigerians in the United States would hold the 'mother of all protests' on Saturday against police brutality and bad governance in...

U.S. condemns killing of peaceful protesters in Nigeria

The United States on Thursday strongly condemned "the use of excessive force by military forces who fired on unarmed demonstrators in...

Egypt executes 49 people in 10 days

Egyptian authorities executed 15 men convicted for alleged involvement in three cases of political violence as well as two women and 25...

MOST POPULAR

Damning report finds detainees in Iran were sexually abused and given electric shocks in gruesome post-protest crackdown

Iran’s police, intelligence and security forces, and prison officials have committed, with the complicity of judges and prosecutors, a catalogue of...

Africa shocked U.S. under Trump has worst coronavirus response in the world

President Donald Trump has "failed in his basic duty to protect Americans", world's renowned journalist Bob Woodward told Fox News Sunday...

EXCLUSIVE: IMF economist details how COVID-19 economic turmoil in Asia will affect Sub-Saharan Africa

The COVID-19 pandemic is battering economies in Asia with a contraction expected for the first time in many decades. The economic...

Ghana to reopen international air borders from September 1

Ghana will reopen its international air borders on September 1, six months after closing them in March to curb the spread...

Ethiopia charges prominent opposition figure Jawar Mohammed with terrorism

As human rights organizations continue to warn that Prime Minister Abiy Ahmed is turning Ethiopia into a dictatorship, his administration on...

South Africa’s government pledges to end corruption

Deputy President David Mabuza will on Thursday, October 22, 2020, respond to oral questions in the National Assembly, where he will outline government programs towards attaining unity, social cohesion and moral regeneration across society as the country focusses on the reconstruction and recovery of the economy that has further been affected by the Covid-19 pandemic.  The official opposition has posed a question to...

[/read_more]

[read_more id="2" more="Read full article" less="Read less"]

Share
Tweet
WhatsApp
Reddit
Share