Claire Barclay

3 weeks ago | pinsentmasons.com | Claire Barclay |Margo-Ann Werner |Aleesha Way |Alexis Coleman

With this in mind, Enoch Godongwana, South Africa’s minister of finance, outlined in the annual budget speech on 12 March the government’s plan to allocate R1.03 trillion (approx. US$54.7 billion) for public infrastructure projects by state-owned companies over the next three years. Included in the plan was R156.3 billion to water and sanitation infrastructure, R402 billion for road infrastructure and R219.2 billion for energy infrastructure.