Cyril Ramaphosa
President Cyril Ramaphosa says investors committed billions of rands to a range of infrastructure projects.
  • Private investors have already committed billions to some of government's 276 planned infrastructure projects, President Cyril Ramaphosa said this week.
  • The list includes a space hub, a large fish farm, and a new "smart city" in Lanseria.
  • It is not yet clear which of these projects are already fully funded.
  • For more articles, go to www.BusinessInsider.co.za.

Amid an almighty fiscal crisis, the focus of this week’s budget was understandably “slash and burn”, as government seeks to find ways to cut spending.

But South Africa could still see major infrastructure projects in coming months, if private sector investors come to the party.

President Cyril Ramaphosa’s envoys have presented 276 infrastructure projects to investors around the globe, and this week he said a “firm commitment" amounting to billions of rands have been received on some of those proposals.

Details about which projects have been funded ahead have not yet been released, but here are some of the existing and planned infrastructure projects on government's list:

Mokolo Crocodile Water Augmentation Project near Lephalale

The Moloko development. Source: Aurecon

Some 160km of pipeline, and pump stations to move water down it, will be built from the Mokolo dam in the mountains south of Lephalale. This will ensure more water to the local municipality – and secure water for the Medupi and Matimba power stations. It will also supply water to surrounding mines. The engineering firm Aurecon was involved in the first phase of the project. The second phase will require a R12.4 billion investment.

Greater Cornubia development near Durban

The Cornubia development. Source: Tongaat Hulett

Situated 7km from King Shaka International Airport, the Greater Cornubia project will include 58,000 houses, as well as industrial and commercial properties. The Cornubia development is a joint venture between the eThekwini Municipality and Tongaat Hulett, and covers 1,300 hectares.

Scheepersvlakte Citrus Farm near Kirkwood

The proposed R122 million investment will establish a 516 hectares citrus farm in the Eastern Cape. The biggest costs will be spending on earthworks, irrigation infrastructure, and buildings, government says. The development could add R57 million to the South African economy in its first year.

The Orange Riet canal project in the Free State

The project will increase bulk raw-water supply to Letsemang, and help to support agricultural and renewable energy projects.

The Greenbay project in Gordon’s Bay

An artist impression of the Greenbay project in Gordon’s Bay. Source: Balwin Properties

This is part of a planned Paardevlei Mega Smart City linking Somerset West, Macassar, and Cape Town. Some 20,000 apartments will be built.

The Marine Tilapia Industry project in the Eastern Cape

Located in the rural Mbashe municipality, the project to farm tilapia fish can create an estimated 40,000 jobs and inject close to R600 million into the country’s economy every year, says government.

N3 Upgrade: Ashburton Interchange to Murray Road in KZN

An artist impression of the Ashburton interchange. Source: SANRAL

The upgrade of a section of the N3 highway will allow it to accommodate the increase in traffic volumes expected over the next 30 years.

Project Phoenix in Durban

This project entails the manufacturing of a solid oxide fuel cell system, which generates electricity by a chemical reaction.

The Redstone concentrated solar thermal power project in the Northern Cape

The Redstone project. Source: ACWA Power

Located near Postmasburg, Redstone will add 100MW of renewable energy to the grid, providing power to up to 200,000 South Africans. It currently has a number of investors, and should be online by the first quarter of 2022.

An aviation park at the Upington Airport

The park would accommodate aircraft maintenance, repair, and operations and also provide aircraft storage, refurbishment, and parts distribution.

Lanseria Smart City

An artist impression of the new Lanseria smart cit
An artist impression of the new Lanseria smart city. Source: Gauteng Partnership Fund

Earlier this year, Ramaphosa said a new smart city will be constructed in Lanseria, with room for between 350,000 to 500,000 people.

He said the city will not only be smart and 5G network ready, but will be a leading benchmark for green infrastructure across the continent and internationally.

Port Elizabeth Waterfront Project

PE
An artist impression of the Port of Port Elizabeth Waterfront Development. Source: NorthPoint Commercial

The mega project, which will take 28 years to complete, will support cruise tourism, light boat building, and maritime education among many other activities.

Space Infrastructure Hub

The project will cost R3.1 billion – and will develop satellite infrastructure, including “earth observation satellites”.

"Domestic access to this type of infrastructure will reduce South Africa’s reliance on other countries for the type of information that these satellites can make available and is expected to reduce the timeframes for collecting necessary data,” says government, which estimates that the investment will generate R1.38 billion in GDP in the first year.

Limpopo Science and Technology Park in Polokwane

The planned R4.7 billion park will focus on research and development as well as services to support start-ups and small businesses.

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