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The projects focus on different objectives including water and sanitation, energy and human settlements.
President Cyril Ramaphosa arrives for his meeting with religious leaders. Photo: Abigail Javier / EWN
JOHANNESBURG – President Cyril Ramaphosa said Tuesday that the government has published 50 integrated strategic projects valued at R340 billion as part of its infrastructure development plans.
He addressed the South African Infrastructure Project Preparation Roundtable and Market in Midrand, where the public and private sector discussed the various projects in the pipeline.
Although the main objective of the infrastructure fund is to implement more than 270 projects with a total investment value of more than R2.7 billion, Ramaphosa said that the work carried out so far was encouraging.
The projects focus on different objectives including water and sanitation, energy and human settlements.
Ramaphosa explained that the work being carried out during the project preparation phase was expensive but necessary to attract even more investment.
“Project preparation also helps clarify the objectives for all players and also avoids serious errors of omission and eliminates waste and all the other tunes that always accompany an infrastructure bill.”
The panel discussion followed the inaugural Sustainable Infrastructure Development Symposium held in June to refine infrastructure construction plans.
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