Southern
Africa is seeking investment and finance for a $64 billion programme to improve
transport, energy and other infrastructure over the next five years. The plan
for 106 cross-border infrastructure projects covering the priority sectors of
energy, transport, tourism, water, information communication technology and
meteorology was presented to an Infrastructure Investment Conference hosted by
the Southern African Development Community (SADC) in the Mozambican capital
Maputo in late June. Projects cover the development of transboundary
infrastructure including alternative energy sources, information communication
technology and civil aviation, and are expected to be implemented by 2017.
The
transport sector had the largest number of projects showcased during the
one-day investment conference, with 40 projects for improvement of road,
railways, ports and border posts, valued at about US$16.3 billion, presented to
potential investors. Priority transport infrastructure projects include those
targeting the expansion, rehabilitation and modernisation of Durban and Walvis
Bay ports; new rail projects and rehabilitation of existing ones; new road
links connecting Angola and the Democratic Republic of Congo and rehabilitation
of others around the region; and introduction of one-stop border posts at
Beitbridge between South Africa and Zimbabwe.
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