Partnering for growth and Development |
Africa’s railway corridors such as the Johannesburg-Durban corridor, amongst others, would create higher levels of reliability, reduce travel times and create an estimated 65 000 jobs. Investments such as this create a competitive economy that increases the ease of doing business, which further aids in attracting the necessary investment required to create more competitive cities that appeal to and develop talent while providing an environment that is attractive for visitors.
Increased investment in all forms of basic infrastructure (including, but are not limited to, social services such as healthcare or education, or hard infrastructure such as transport, water, sanitation, energy and amenities) can truly transform South Africa’s key cities into global city destinations for business, talent and visitors, which in turn enables increased growth, prosperity and better living conditions for the country. In order to achieve this, however, the key challenge of funding needs to be addressed as the demand for infrastructure development often outstrips money that is available in budgets. Similar to its international
