Wednesday, April 17, 2024
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Pre-Symposium Event Showcases Infrastructure Opportunities for Sustainable Development Symposium of South Africa (SIDSSA) 2024

South Africa presents numerous opportunities for foreign investors interested in infrastructure projects, with the Development Bank of South Africa leading a R70 billion project pipeline. The Sustainable Infrastructure Development Symposium of South Africa (SIDSSA) will be held from March 17-19 in Cape Town, emphasizing the importance of blended financing and public-private partnerships for infrastructure development.

Prior to SIDSSA 2024, a media engagement event provided insights into upcoming projects and strategic priorities. Join SIDSSA 2024 to participate in discussions about South Africa’s infrastructure transformation.

Don’t miss the chance to attend SIDSSA 2024 at the Century City Conference Center in Cape Town from March 17-19. The symposium aims to bring together key stakeholders to drive infrastructure development in South Africa and the continent. For more information, visit https://SIDSSA.org.za.

SIDSSA 2024 facilitates connections between foreign investors and South African infrastructure projects to ensure the completion of gazetted Strategic Infrastructure Projects. Dr. Hubert Joynt, Program Manager at Infrastructure South Africa, highlighted the program’s goals of advancing infrastructure investment, fostering collaboration among investors and sponsors, and addressing challenges within the sector.

“Partnerships are key. We are inviting counterparts from Africa to discuss PPPs and blended finance at SIDSSA. We will be launching the top 12 projects receiving support from Infrastructure South Africa,” Joynt mentioned at the pre-symposium event.

At SIDSSA 2024, the Infrastructure Fund of the Development Bank of South Africa will showcase project opportunities for investors. Mohale Rakgate, Head of the Infrastructure Fund, shared details about advanced projects worth R70 billion, including ports of entry, social housing projects, water projects, and more.

Transnet National Ports Authority is focused on improving port infrastructure and transportation systems to accommodate the increasing vessel traffic. Luvuyo Mkontwana, General Manager at the authority, highlighted the efforts undertaken with Infrastructure South Africa to enhance port logistics and energy capabilities.

The Industrial Development Corporation (IDC) collaborates with the private sector to support project development, offering assistance from inception to financial viability. Nina Yose, Head of Infrastructure at IDC, outlined the corporation’s role in making projects bankable and promoting private sector growth in the infrastructure sector.

SIDSSA 2024 serves as a platform for public-private partnerships in infrastructure investment, connecting companies with projects and exploring policy reforms. With President Cyril Ramaphosa and ministerial delegations in attendance, the event is an essential opportunity for infrastructure investors in Africa.

Distributed by APO Group on behalf of Energy Capital&Power.

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