The South African government will spend R840 billion to develop the country’s infrastructure in the next three years because it sees the infrastructure development programme as a major source of industrialisation. This was said by the Minister of Trade and Industry, Dr Rob Davies. He was speaking at the official opening of the Grindrod Locomotives Expanded Workshop in Pretoria West today.
“The sixth iteration of the Industrial Policy Action Plan (IPAP), which will be launched in Johannesburg on 7 April 2014 highlights infrastructure development, localisation and regional integration as three of the major drivers of industrial development and as part of the broader process of industrialising the African continent,” said Minister Davies.
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