“The Infrastructure Fund will provide R100
billion in catalytic finance over the next decade, leveraging as much as R1
trillion in new investment for strategic infrastructure projects,” he says.
Some of the initial projects include Matlosana N2 in North West, Lufhereng in
Gauteng, Greater Cornubia in KwaZulu-Natal and Vista Park in Free State.
“In total, we have gazetted 18 housing
projects to the value of R130 billion, which together will produce more than
190 000 housing units.
“Transport projects currently under
construction include the N1 Polokwane and N1 Musina with a total value of R1.3
The president says that, within the next six months, the state will embark on the modernisation and refurbishment the commuter rail network,
include the Mabopane Line in Tshwane and the Central Line in Cape Town.