Infrastructure investment is fundamental to industrialisation
After delivering his annual address to the National Council of Provinces (NCOP) on Thursday, President Jacob Zuma said government and all sectors have
had to steer the country’s economy through a challenging global environment.
“Infrastructure development is critical for both the industrialisation and to boost employment in construction and other sectors, especially during such a difficult time,” he said.
The President indicated that government is now investing approximately R1 billion per working day in new infrastructure, with a core focus on areas he outlined in the nine-point plan during his State of the Nation Address in February 2015.
Over the past few months there has been constancy in the supply of electricity to the South African consumers.