Construction Alliance welcomes budget presented by the finance minister
During the delivery of his maiden budget speech, Minister of Finance, Honourable Enoch Godongwana highlighted the government’s continued commitment to infrastructure investment. Construction Alliance South Africa (CASA) welcomes the Budget speech and specifically its commitment to infrastructure investment.
Minister Godongwana announced a provisional allocation of R17.5 billion over the MTEF set aside for infrastructure catalytic projects. “As a sector that has been gravely affected by lack of infrastructure investment and the effects of COVID-19, we are encouraged by the ministerial commitment to invest in infrastructure development. To this end, we once again offer our sector’s expertise to work with government so we can jointly ensure that these commitments are realised,” said the Chairperson of CASA, John Matthews.
Construction sector has been in the doldrums for many years now and the government’s realization of the need to work with all key stakeholders such as the private sector investors, financial institution and industry experts will surely move us from a position of economic despair to a path of economic recovery post the dark period of COVID-19. The industry is keen to collaborate with government in its efforts to boost infrastructure development and positively impact job creation and economic growth.
CASA will be in contact with the Minister of Finance soon to detail how it can actively work with government to realize the infrastructure development spend set out in the budget. “From infrastructure development point of view, we are going to make a first move to propose a joint expedition that will lead to joint realization of the national infrastructure plan. This is the moment for us to work together, it is the moment that our combined economic endeavours come to play,” said Matthews.
Construction Alliance South Africa (CASA) is an historic initiative which has united the construction industry under one umbrella body made up of some 37 professional, contractor, supplier, manufacturer and other allied industry bodies – essentially the construction value chain. CASA seeks to address the need for broad-based ongoing collaboration, consultation and engagement involving relevant industry stakeholders and is characterised by professionalism, integrity, relevance, fairness and transparency.