Infrastructure In South Africa: Who Is To Finance And Who Is To Pay?
Source: University of Stellenbosch
Against the backdrop of shifting views on the role of government in the provision of infrastructure, this paper distinguishes between the payment for and financing of the South African Government's infrastructure investment programme. The paper also presents a classification system that enables a systematic mapping of all prospective projects, with reference to considerations of efficiency and equity. This mapping should assist in macro planning and in any analysis of the financial implications of project financing and cost recovery at all levels of government. The government's financing strategy is questioned and alternatives are identified.