A total of R75 billion needs to be invested over the next five years to stop the decline of South Africa’s road network, according to Transport Minister FikileMbalula. Moneyweb RoadWorks
A total of R75 billion needs to be invested over the next five years to stop the decline of South Africa’s road network, according to Transport Minister Fikile Mbalula.
“It is for this reason that we must conceptualise a new public transport funding model that includes funding for requisite infrastructure,” said Mbalula. Government, taking due regard of one of the key objectives of infrastructure as job creation and sustainable economic growth, “recognises private sector investment as a key tenet to investments through blended finance and public-private partnerships [PPPs]”.
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