The Minister of Public Works and Infrastructure
The targeted $100 billion is inclusive of all investments. Infrastructure South Africa (ISA) provides oversight over the Infrastructure Fund, a blended finance fund to leverage private sector finance for public sector infrastructure investment projects and programmes. A commitment of R 100 billion capitalisation of the fund over ten (10) years was made. The blended finance vehicle is intended to catalyse $55 billion of infrastructure delivery within the country.
Projects that are potentially suited for blended financing solutions are appraised according to the ISA methodology and channelled to the Infrastructure Fund for project structuring. Of the R21 billion, R2.6 billion was approved from the 2021 Budget Facility for Infrastructure window 5, with the remainder to be sourced from project owners’ equity and a significant component from the debt capital markets. For projects and programmes considered in the 2022 Budget Facility for Infrastructure window 6 (2022), of the R39.8 billion, R19.1 billion was approved for fiscal allocation, with the remainder to be sourced from project owners’ equity and a significant component from the debt capital markets.