Government commits R1 Trillion to infrastructure over the next three years
image: SABC
Deputy President Paul Mashatile announces the government’s R1 trillion infrastructure investment to drive growth and improve services
by Kelebogile Matlou
Deputy President Paul Mashatile announced the national government’s intention to invest R1 trillion in infrastructure over the next three years during his keynote address at today’s MinMEC meeting in Gqeberha, Eastern Cape.
Mashatile emphasized the importance of infrastructure development in driving economic growth, creating jobs, and improving communities. He referred to infrastructure as the “backbone of the economy,” and said that the government’s first move in strengthening the economy and restoring residents’ dignity is to prioritize public works.
Over the next three years, the government has pledged to invest more than R1 trillion in enhancing public infrastructure across the nation. In order to raise living conditions, restore people’s dignity, and promote national unity, we should all work together to build and renovate public infrastructure, including schools, health clinics, energy, and water supplies,” Mashatile said.
He announced the launch of a municipal infrastructure grant as part of the strategy, which aims to improve monitoring and stop corruption or underspending. Additionally, the grant will guarantee that money is allocated to the appropriate initiatives and spent efficiently.
Mashatile said that fulfilling community expectations necessitates not only constructing infrastructure but also addressing corruption and the lack of skills in the built environment.
Minister of Public Works Dean McPherson approved the proposal, stating that partnership between the public and private sectors will be critical. “It is exactly the type of project that demonstrates that infrastructure can simultaneously meet service delivery needs, empower communities, and boost economic growth,” McPherson said.
With R1 trillion on the table, the government’s ambitious offer raised hope in communities around South Africa. However, the actual measure of success will be the ability to translate pledges into visible projects and long-term jobs.
