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Standard Bank Group
South Africa FX 25 May 2022

SIPs Tracker

Shireen Darmalingam

  • This report tracks the progress of SA’s 18 Strategic Infrastructure Projects (SIPs), which are worth R340bn, and forms part of our focus on monitoring reforms to inform our trend growth forecasts.
  • The SIPs cover social and economic infrastructure across the country.
  • The SIPs have 5 core functions:
    • 1) to unblock opportunities
    • 2) transform the economic landscape
    • 3) create new jobs
    • 4) strengthen the delivery of basic services
    • 5) integration of African economies
  • The SIPs comprise 5 geographically focused SIPs, 3 spatial SIPs, 3 energy SIPs, 3 social infrastructure SIPs, 2 knowledge SIPs, 1 regional integration SIP and 1 water and sanitation SIP.
  • The infrastructure project plans, which have been declared strategically important, have been gazetted in order to fast-track approvals.
  • 8 projects have been completed, 40 are underway while 14 have been delayed or on hold.
  • We will regularly monitor progress of these SIPs to assess the momentum.

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