South Africa鈥檚 president Cyril Ramaphosa announcd the seed fund during his recent State of the Nation address.
CESA CEO Chris Campbell said: 鈥淲e are hopeful that between the Development Bank of SA (DBSA) and the new Department of Public Works & Infrastructure (DPW&I) they will ensure that 鈥榲alue for money鈥�, fair, transparent and cost-effective decisions will be made to maximise the outcomes being pursued through this seed funding.鈥�
Campbell added that these elements are essential to instil business confidence leading to foreign investor confidence for the further development of both social and economic infrastructure.
Got a story? Email news@theconstructionindex.co.uk
