INFRASTRUCTURE
South Africa’s government plans to inject R865.4-billion into infrastructure projects such as housing, roads, rail, public transport, water and electricity, maintaining its public infrastructure investment commitments over the next three years. The 2016 Budget, tabled on Wednesday, showed transport and logistics infrastructure taking up the largest share of the 2016 medium-term expenditure framework (MTEF) for infrastructure, with R292-billion allocated to Department of Transport-led projects over a three-year period, while energy infrastructure accounted for R180.7-billion – or 21% of total public-sector infrastructure spending – over three years.
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