De Lille was speaking on Wednesday on the progress of SIDSSA, which was inaugurated last year, ahead of a symposium scheduled to kick off on Thursday.
She said that the government and other investment partners had made great progress with great impetus on infrastructure development over the past 15 months with the 62 projects that had been presented last year.
“The 55 projects being presented to the market are from various sectors, valued at about R595bn and with a funding gap of around R441bn. Collectively, the estimated employment opportunities from these projects amount to just over 538,000 job opportunities,” De Lille said. Dr Kgosientso Ramokgopa, who heads Infrastructure SA , an entity created within the presidency and responsible for driving and monitoring progress of SIDSSA projects, said while the private sector had put up its hand indicating its willingness to invest in human settlements and housing infrastructure, this had been undermined by government’s inability to provide bulk infrastructure, including roads, sanitation and energy infrastructure.
He said ISA was currently working with the Treasury in a bid to resolve the problem to enable the projects to take place.
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