Low expenditure levels in infrastructure, especially in municipalities, is also of concern, says Dean Macpherson.
South Africa’s new infrastructure minister called for a doubling of public sector investment to help fuel a construction boom in the country. The industry also needs to crack down on criminal activity to help foster private investment, Public Works and Infrastructure Minister Dean Macpherson said at a conference in Cape Town on Tuesday.
The government is targeting an increase in public sector capital investment to 10% of gross domestic product by 2030, compared with 5.4% now, he said. Macpherson plans to form an infrastructure advisory committee to oversee projects and develop long-term timelines. Read: Positive sentiment grows as GNU gets to work Disruptions to construction by criminal activities that cost the industry R40 billion in 2020 are being scrutinised, he said.
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