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Thursday, 10 May 2012

South Africa 'invites' Germany to invest in its infrastructure

During the course of the 7th South Africa - Germany Bi-National Commission in Berlin,  Deputy President Kgalema Motlanthe called upon the European nation to invest in South Africa's massive state-led infrastructure drive. "We are targeting a range of areas, including roads, rail, ports, water infrastructure and telecommunications. To this end we wish to invite the government of Germany and German cooperates to participate in this important initiative," Motlanthe said in his opening remarks at the BNC.
It is important to note that President Jacob Zuma announced a massive infrastructure-development plan several weeks ago.  It lists 17 strategic integrated projects that involve rail, road, school and hospital construction. The projects cover a range of economic and social infrastructure across all nine provinces with an emphasis on poorer regions.

Source: South African Government News Service