Government plans to spend more than R940 billion on infrastructure over the next three years. This includes R375 billion in State-Owned Enterprise investment. The funding will support the upgrading and expansion of national infrastructure, including roads, bridges, dams, waterways, ports, airports, and energy systems. Additional financing includes R100 billion in mobilised infrastructure financing and blended finance projects supported through the Infrastructure Fund. The programme is supported by regulatory reforms to public-private partnerships and aims to accelerate infrastructure delivery and economic growth.

The National Treasury has successfully raised R11.795 billion under South Africa’s first Infrastructure and Development Finance Bond. According to the National Treasury, the auction attracted strong market interest, with bids exceeding R26 billion and achieving a 2.2-times subscription rate.

The proceeds from the Infrastructure and Development Finance Bond will be used exclusively to finance projects under the Budget Facility for Infrastructure (BFI) programme.

The GNU has allocated over R1.03 trillion the medium term  to public infrastructure,  with major allocations to roads (R402 billion), energy  (R219.2 billion), and water and sanitation (R156.3 billion). The main budget adds R33.7 billion for infrastructure projects over the medium term.