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South Africa has reiterated its commitment to the development of the energy sector as one of the most vital keys to easing constraints to economic growth. The expansion of the nuclear energy will be implemented over the next decade, adding to the R83-billion already invested in Eskom.
• As part of government’s Nine-Point Plan, South Africa remains committed to resolving energy challenges to enable, amongst others, industrialisation.• Public sector infrastructure investment is...
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After more than two decades of work, Mozambique is now clear of landmines - freeing up valuable agricultural land, opening up tourism and infrastructure development, and ensuring the safety of rural communities.
South Africa is committed to adding nuclear to its energy mix, saying the procurement process for the nuclear new build programme will start in the second quarter and be completed by the end of the 2015 financial year. The first station will come on line in 2023.
Investment in infrastructure must be a priority for Africa if it is to achieve double-digit economic growth, Prof Jeffrey Sachs tells delegates at the Third Financing for Development Conference. They have gathered to set the new financing architecture for a new global partnership.
South Africa has spent a trillion rand on building its infrastructure as a key to expanding its economic opportunities. The investments have been made in energy, water, sanitation, rail, public transport, the nation's ports and in upgrading its hospitals.
South Africa sees infrastructure development as a key job driver, alongside tourism, manufacturing, mining and beneficiation, the green and blue economies and agriculture. Its projects dovetail with the continental infrastructure programme.
The World Economic Forum's three-year blueprint, Africa Strategic Infrastructure Initiative, promotes public-private co-operation and identifies solutions to bottlenecks that lead to failure of large infrastructure projects in Africa. The initiative is being handed over to Nepad.
The Airports Company South Africa says its expansion plans for Cape Town International include the upgrading of the domestic and international terminals and the realignment of the runway.