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Govt To Boost Funding for Major Infrastructure Projects in 2023/24

SOUTH AFRICA
  • Transport Min says Govt will boost funding for major infrastructure projects over three years from R57.3bn in 2021 to R72,5bn in 2023 & 2024.
  • Although the substantial share of the department's expenditure is directed towards rail infrastructure and maintenance operations and inventories,
  • the balance of the budget is reserved for the South African National Roads Agency for upgrading and maintenance of the national road network as well as provinces and municipalities
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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