Infrastructure funding is largely p

Infrastructure funding is largely provided by South Africa's national government. Parastatal companies also undertake infrastructure development in some sectors, while other initiatives include the government's Expanded Public Works Programme, and public-private partnerships.The government has courted foreign direct investment to lure investors into areas that need infrastructure, and foreign companies often build, own and operate facilities. The government has introduced a policy of broad-based black economic empowerment (BBBEE), which requires foreign companies to go into partnership with local businesses, shifting company ownership patterns.In 2006 parastatals such as the power utility Eskom and transport group Transnet were earmarked to receive 40% of the R372-billion the government set aside for infrastructure development. Eskom is to spend R84-billion, mostly on energy generation, transmission and distribution. Transnet is to spend R47-billion, with R40-billion of this going to harbours, ports, railways and a petroleum pipeline.The Airports Company of South Africa (Acsa) will spend R5.2-billion on airport improvement and the Dube Trade Port, while R19.7-billion will go to water infrastructure.In 2006, South Africa's Public Investment Commission (PIC) announced plans to create a continent-wide, 25-year equity fund to mobilise local and international investment for infrastructure development in Africa. PIC includes the Government Employees Pension Fund and has around R600-billion in assets under management, making this the largest fund-management initiative in the country.PIC will spend around R1-billion on property development - mostly in shopping centres in South Africa's townships and rural areas - over the next three years. Its "Project Rural" will merge its Community Property Fund with Government Employees Pension Fund retail.The government's budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be a powerful growth driver for South Africa's construction industry, and its infrastructure spending plans are attracting growing interest from the investment community.In 2006, three construction-related companies on AltX were listed in the space of a month, and the share prices and capitalisation of these companies climbed rapidly. Launched in October 2003 as a parallel market to the JSE, AltX is aimed at fast-growing businesses, start-ups, family-owned businesses, black economic empowerment companies and junior mining companies.Given the backlog in the province of Limpopo, the government plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion has been budgeted for rural electrification, and in addition R600-million has been allocated for municipal support, township establishments and site demarcation.

Infrastructure funding is largely provided by South Africa’s national government. Parastatal companies also undertake infrastructure development in some sectors, while other initiatives include the government's Expanded Public Works Programme, and public-private partnerships.

The government has courted foreign direct investment to lure investors into areas that need infrastructure, and foreign companies often build, own and operate facilities. The government has introduced a policy of broad-based black economic empowerment (BBBEE), which requires foreign companies to go into partnership with local businesses, shifting company ownership patterns.

In 2006 parastatals such as the power utility Eskom and transport group Transnet were earmarked to receive 40% of the R372-billion the government set aside for infrastructure development. Eskom is to spend R84-billion, mostly on energy generation, transmission and distribution. Transnet is to spend R47-billion, with R40-billion of this going to harbours, ports, railways and a petroleum pipeline.

The Airports Company of South Africa (Acsa) will spend R5.2-billion on airport improvement and the Dube Trade Port, while R19.7-billion will go to water infrastructure.

In 2006, South Africa's Public Investment Commission (PIC) announced plans to create a continent-wide, 25-year equity fund to mobilise local and international investment for infrastructure development in Africa. PIC includes the Government Employees Pension Fund and has around R600-billion in assets under management, making this the largest fund-management initiative in the country.

PIC will spend around R1-billion on property development - mostly in shopping centres in South Africa's townships and rural areas - over the next three years. Its "Project Rural" will merge its Community Property Fund with Government Employees Pension Fund retail.

The government's budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be a powerful growth driver for South Africa's construction industry, and its infrastructure spending plans are attracting growing interest from the investment community.

In 2006, three construction-related companies on AltX were listed in the space of a month, and the share prices and capitalisation of these companies climbed rapidly. Launched in October 2003 as a parallel market to the JSE, AltX is aimed at fast-growing businesses, start-ups, family-owned businesses, black economic empowerment companies and junior mining companies.

Given the backlog in the province of Limpopo, the government plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion has been budgeted for rural electrification, and in addition R600-million has been allocated for municipal support, township establishments and site demarcation.

Infrastructure funding is largely provided by South Africa 's national government. Parastatal companies also undertake infrastructure. Development in, some sectors while other initiatives include the government 's Expanded Public Works Programme and public-private,, Partnerships.

The government has courted foreign direct investment to lure investors into areas that, need infrastructureAnd foreign companies, often build own and operate facilities. The government has introduced a policy of broad-based black. Economic empowerment (BBBEE), which requires foreign companies to go into partnership with local businesses shifting company,, Ownership patterns.

.In 2006 parastatals such as the power utility Eskom and transport group Transnet were earmarked to receive 40% of the R372-billion. The government set aside for infrastructure development. Eskom is to spend R84-billion mostly on energy generation transmission,,, And distribution. Transnet is to spend R47-billion with R40-billion, of this going to harbours ports railways and a petroleum,,, Pipeline.
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The Airports Company of South Africa (Acsa) will spend R5.2-billion on airport improvement and the Dube, Trade Port while. R19.7-billion will go to water infrastructure.

, In 2006 South Africa 's Public Investment Commission (PIC) announced plans. To create a continent-wide 25-year equity, fund to mobilise local and international investment for infrastructure development. In Africa.PIC includes the Government Employees Pension Fund and has around R600-billion in assets under management making this,, The largest fund-management initiative in the country.

PIC will spend around R1-billion on property development - mostly. In shopping centres in South Africa 's townships and rural areas - over the next three years.Its "Project Rural" will merge its Community Property Fund with Government Employees Pension Fund retail.

The government s. ' Budgeting of a massive R372-billion for upgrading and building new infrastructure over the next three years is set to be. A powerful growth driver for South Africa 's, construction industryAnd its infrastructure spending plans are attracting growing interest from the investment community.

, In 2006 three construction-related. Companies on AltX were listed in the space of, a month and the share prices and capitalisation of these companies climbed. Rapidly. Launched in October 2003 as a parallel market to, the JSE AltX is aimed at fast-growing businesses start-ups,,Family-owned businesses black economic, empowerment companies and junior mining companies.

Given the backlog in the province. Of Limpopo the government, plans to spend over R3.6-billion on upgrading and providing new infrastructure. Over R1-billion. Has been budgeted for, rural electrification and in addition R600-million has been allocated for, municipal supportTownship establishments and site demarcation.


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