Reason for Optimism as SA Infrastructure Lays the Foundation for Future Growth
Roelof van den Berg CEO , Gap Infrastructure Corporation www . gic . co . za
Much like building a skyscraper requires a sturdy foundation , infrastructure is often described as the backbone needed to build prosperous economies . With this in mind , there is reason for optimism looking ahead to 2024 and beyond as , much like China ’ s example has demonstrated , government ’ s focus on infrastructure development could serve as the catalyst needed to reignite economic growth . However , to be successful , the private sector must urgently step up to play its part .
Quality infrastructure is the driver of trade and commerce , facilitating the smooth transportation of goods , services , and people across regions both within and past a country ’ s borders . It ’ s likewise responsible for providing the energy needed to fuel industrial and manufacturing activities , and the modern communication networks required by digital economies . Furthermore , infrastructure underpins human and socioeconomic development , improving access to educational and healthcare facilities , and economic opportunities .
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