Public Works & Infrastructure Minister Dean Macpherson has welcomed the pitching of four major infrastructure investment opportunities to local and international development-finance partners at Infrastructure South Africa’s Development Partners Forum in Sandton.
The Minister of Public Works & Infrastructure, Dean Macpherson, has welcomed four major infrastructure investment opportunities which were presented directly to local and international Development Finance Institutions and Multilateral Development Banks at Infrastructure South Africa’s Development Partners Forum Deal Pitching Session, which he chaired in Sandton on Friday.
The Development Partners Forum was established by Infrastructure South Africa as a platform to connect infrastructure project sponsors with institutions capable of providing financing, technical expertise, risk-sharing instruments and advisory support. Friday’s session was specifically structured to move beyond broad discussions by allowing financiers to interrogate live projects, assess investment readiness and identify opportunities for financing and partnership.
Minister Dean Macpherson, Minister of Public Works & Infrastructure
transaction structuring, explore financing participation, address risk-allocation requirements and agree practical next steps towards implementation. “Government cannot finance South Africa’s infrastructure ambitions through the fiscus alone. We need to mobilise development finance and private capital alongside public investment, and we need to make it easier for investors to find properly prepared projects that they can actually finance. The measure of success for these engagements will not be how many presentations we hold, but how many projects ultimately reach financial close and move onto construction sites. We want to convert pipelines into projects, projects into investment, and investment into shovels in the ground and cranes in the sky across South Africa.”
Ms Mameetse Masemola, ISA