South Africa ranked 35 on global infrastructure owners list
The South African government has been ranked 35th out of this year’s top 500 global infrastructure owners, with its infrastructure valued at $80.58-million, as measured by reported net tangible fixed assets.
This is according to global software developer Bentley’s Infrastructure 500 list, which ranks the top owners of infrastructure worldwide from both the public and private sectors. Published yearly, this list makes it possible to readily compare investment levels across different types of infrastructure, regions of the world, and public and private organisations, providing industry stakeholders with an understanding of the dollar value of assets owned by some of the world’s top owner-operators.
Bentley COO Malcolm Walter explained that Bentley aggregated the assets South Africa owned on a national level, which were considered government assets.
As the South African government was a large infrastructure asset-owner, it should be interested in solutions that operate those assets as effectively as possible, said Walter.
The combined value of the 500 listed companies exceeded $16.7-trillion, which was close to the US’s 2013 GDP and more than the combined 2013 GDPs of China, Japan and the UK.
Bentley Systems provides software solutions for sustainable infrastructure to architects, engineers, geospatial professionals and owner-operators worldwide.
By: Samantha Moolman