Government of South Africa reported progress on an infrastructure pipeline comprising 81 Strategic Integrated Projects and 263 individual projects with an estimated combined value of R1.9888 trillion. Of these, 37 projects worth approximately R69 billion had been completed, while 82 projects valued at about R502.7 billion were under construction. Government is also supporting project preparation and investment through Infrastructure South Africa.

National Treasury successfully raised R11.795 billion through South Africa’s first sovereign Infrastructure and Development Finance Bond to support infrastructure investment and economic growth. 

National Treasury launched a new Infrastructure and Development Finance Bond under government’s domestic borrowing programme to mobilise long-term financing for public infrastructure projects. The bond forms part of broader reforms to increase infrastructure investment and improve financing mechanisms for large-scale public projects.