Consulting engineers welcome R100-billion seed fund for infrastructure

July 13th, 2019, Published in Articles: PositionIT, Articles: Vector

Consulting Engineers South Africa (CESA) welcomed President Cyril Ramaphosa’s announcement during his State of the Nation address of the R100-billion seed fund for infrastructure development. Chris Campbell, CESA CEO said, the organisation is hopeful that between the Development Bank of SA (DBSA) and the new Department of Public Works and Infrastructure (DPW&I) they will ensure that value for money, fair, transparent and cost-effective decisions will be made to maximise the outcomes being pursued through this seed funding. Campbell said that these elements are essential to instil business confidence leading to foreign investor confidence for the further development of both social and economic infrastructure. Infrastructure, he said, is a critical area of investment that supports structural transformation, growth and job creation. As a body of consulting engineering companies in South Africa, comprising over 560-member firms, who employ more than 21 000 staff in the consulting engineering sector, CESA said it stands willing and able to partner with government through the implementation of the National Development Plan in order to meet Vision 2030.

Contact Bonolo Nkgodi, CESA, Tel 011 463-2022, bonolo@cesa.co.za

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