The President has sought to leverage infrastructure as the centrepiece of his economic policy since 2018. This has taken on added urgency since the Covid-19 pandemic.
A research report commissioned by Business Leadership SA and conducted by consultancy Intellidex shows that infrastructure investment has fallen sharply over the past six years, from 20.3% of GDP in 2015 to 17.9% in 2019. This is far from the National Development Plan’s target of 30% of GDP.
But every crisis creates an opportunity, as the report points out, and a key component of this is through Public-Private Partnerships. The key question here is what needs to happen to unlock these PPPs so that they contribute effectively to our economic rejuvenation.
Michael Avery spoke with Busi Mavuso, CEO of Business Leadership SA; & Dr Stuart Theobald, Chairman of Intellidex.
Mavuso says infrastructure is central to our country’s economic recovery agenda and by spending on infrastructure we increase the capacity and the efficiency of the economy. We deemed it fit to commission this study, firstly to ensure policy is based on evidence, and then to ensure a positive change in our economic trajectory.
For more click below;