South Africa

NIP 2050 aims to end theft and infrastructure vandalism: De Lille – SABC News

According to Patricia de Lille, Minister of Public Works and Infrastructure, one of the key elements of the 2050 National Infrastructure Plan (NIP) is to end the theft and vandalism of public infrastructure.

The minister informed the media in Pretoria about the more than 6 trillion plan, which covers 62 projects nationwide.

Projects range from water, energy and digital communication infrastructures. The country’s rail network has collapsed at the height of the 2020 tough closure, and infrastructure projects are stalled in some areas due to political interference and blackmail.

But Lille says the National Infrastructure Plan to 2050 will address these challenges. “Part of our commitment to NIP 2050 is to commit ourselves to the fight against crime and corruption, which focuses on the destruction of public property, theft of public property, corruption in procurement, extortion and political unrest, which hamper implementation. infrastructure. But we have also aligned the 50-year plan with the National Development Plan and the National Spatial Planning Government Framework. ”

Media briefing on the National Infrastructure Plan 2050:

2022 budget

In his first speech on the budget, Finance Minister Enoch Godongwana announced that he would temporarily inject RUB 17.5 billion into the medium-term spending framework for infrastructure catalytic projects aimed at roads, bridges, water, transport and school infrastructure, as well as hospitals and clinics.

The government has been monitoring the long-term savings sector for some time, which includes life insurance agencies and pension funds as a potential funding partner for its infrastructure program.

Heleen Goussard, Head of Alternative Investment Services at RisCura, explains the budget:



NIP 2050 aims to end theft and infrastructure vandalism: De Lille – SABC News

Source link NIP 2050 aims to end theft and infrastructure vandalism: De Lille – SABC News

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