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Johannesburg - State-owned enterprise (SOE) infrastructure projects, such as those undertaken by Eskom and Transnet, will have positive spillover effects for SA's economy, Public Enterprises Minister Barbara Hogan said on Thursday.
"By aligning skills with national economic objectives, these projects will alleviate poverty and create jobs, real jobs," she said in Johannesburg at the launch by the SA Chamber of Commerce and Industry (Sacci) of its SA 1st Campaign.
"We are committed to making sure that there will be benefits not only for Eskom and Transnet from these infrastructure projects."
From 1976 to 1994, investment by the public sector fell from 16% to 5% of gross domestic product.
"The situation remained the same until 2004 when both Eskom and Transnet announced investment programmes," Hogan said.
Apartheid had caused a huge backlog in infrastructure development as the then-government found it difficult to raise funding. Presently, however the government had taken the lead in infrastructure investment.
"The department of public enterprises is funding a build programme to overcome the backlog in infrastructure development and we are revitalising supplier industries necessary to support this programme through the competitive supplier development programme."
Hogan said both Eskom and Transnet had maintained institutions for providing required skills, such as learning academies.
"Both Eskom and Transnet were the major providers of apprenticeships in the past and we are going back to that."
"By aligning skills with national economic objectives, these projects will alleviate poverty and create jobs, real jobs," she said in Johannesburg at the launch by the SA Chamber of Commerce and Industry (Sacci) of its SA 1st Campaign.
"We are committed to making sure that there will be benefits not only for Eskom and Transnet from these infrastructure projects."
From 1976 to 1994, investment by the public sector fell from 16% to 5% of gross domestic product.
"The situation remained the same until 2004 when both Eskom and Transnet announced investment programmes," Hogan said.
Apartheid had caused a huge backlog in infrastructure development as the then-government found it difficult to raise funding. Presently, however the government had taken the lead in infrastructure investment.
"The department of public enterprises is funding a build programme to overcome the backlog in infrastructure development and we are revitalising supplier industries necessary to support this programme through the competitive supplier development programme."
Hogan said both Eskom and Transnet had maintained institutions for providing required skills, such as learning academies.
"Both Eskom and Transnet were the major providers of apprenticeships in the past and we are going back to that."
