Funding cost to meet Africa’s infrastructure needs is estimated at $93bn.- World Bank.
According to the Gauteng Infrastructure Master Plan, it is estimated that R1.8 trillion will be required to meet infrastructure needs over the next 15 years.
Infrastructure deficit remains a stumbling block to housing delivery.
Housing delivery is dependent on provision of social and economic infrastructure.
Given the sluggish economic growth, the domestic resources have been under immense pressure exacerbated by the urgent need to address the infrastructure backlog.
More innovative financing required to bridge the gap between what is available and what we need to address the infrastructure backlog.