CESA Welcomes R100bn Seed Fund For Infrastructure - Business Media MAGS


CESA Welcomes R100bn Seed Fund For Infrastructure

Consulting Engineers South Africa (CESA) welcomes 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 states, “We are 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 maximize the outcomes being pursued through this seed funding.” Campbell states that these elements are essential to instill business confidence leading to foreign investor confidence for the further development of both social and economic infrastructure. Infrastructure is a critical area of investment that supports structural transformation, growth and job creation.

As the leading body of Consulting Engineering companies in South Africa, comprising over 560-member firms, who employ more than 21000 staff in the consulting engineering sector, CESA stands willing and able to partner with Government through the implementation of the National Development Plan in order to meet Vision 2030 and is encouraged by President Ramaphosa’s words that, “Now is the time for implementation for a better South Africa” .

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