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Project preparation will be the main focus.
“Project preparation is often a very expensive but absolutely necessary exercise because there are a number of benefits to be gained from it. Improves transparency, removes corruption, improves skill transfer, and increases state capacity. The obvious benefits are also completing projects on time, on budget and on target, “Ramaphosa said.
“If you go through the country, you come across projects that have been stopped or abandoned because there was not adequate planning and preparation. You will see foundations that extend from various places in our country. You will see pipes on the side of the road. We want to avoid that, ”he said said.
Last month, Ramaphosa delivered his economic recovery plan to the nation in which infrastructure projects were the main feature.
This comes on the heels of an inaugural Sustainable Infrastructure Investment Symposium in June. TO At the symposium, the government together with the private sector was able to identify 276 projects with a total investment value of more than R2.7 billion.
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