Minister Macpherson to announce first-of-its-kind steps to turbocharge infrastructure investment to achieve 1.5% additional economic growth and create jobs
Minister of Public Works & Infrastructure, Dean Macpherson, and the Acting Head of Infrastructure South Africa (ISA), Mameetse Masemola, will on Tuesday, 15 October 2024, announce the next steps Infrastructure SA is taking to turbocharge investment into Infrastructure projects in South Africa to grow the economy and create jobs.
Research from international institutions such as the World Bank, McKinsey Global Institute, and the International Monetary Fund (IMF) shows that state efforts to increase infrastructure investment by 1% can contribute to economic growth of between 0.4% and 3%, a goal the Minister is committed to achieve.
The Minister will use the opportunity to unveil the innovatory approach Infrastructure SA is taking with regards to infrastructure investment, the current infrastructure investment pipeline in South Africa, and how the minister plans to expand the role of Infrastructure SA to turn the country into a construction site.
Members of the media are invited to attend as follows:
Date: Tuesday, 15 October 2024
Time: 11:00 – 12:00
Venue: The Capital Empire – Sandhurst, Sandton, 177 Empire Pl, Sandhurst, Sandton, 2196
Google Maps link: https://maps.app.goo.gl/2hqpM6PCFJ8P5BwCA
Enquiries:
James de Villiers
Spokesperson to the Minister
E-mail: James.Devilliers@dpw.gov.za
Cell: 082 766 0276
Nombulelo Nyathela
CD External Relations and Communications at Infrastructure South Africa
E-mail: NombuleloN@infrastructuresa.org
