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South African Infrastructure Pipeline Swells to $16.5 Billion

Source: Bloomberg

Fiscal Policy & BudgetInfrastructure & DefenseEconomic DataCompany Fundamentals

South Africa’s infrastructure pipeline has increased five-fold since the start of the decade, with over 264 billion rand (about $16.5 billion) of projects expected to enter procurement over the next 12–18 months, per President Cyril Ramaphosa. The expansion signals a material near-term boost to public works activity that could support demand for contractors and related supply chains.

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