Source: BUSINESSTECH, 22 February 2022, photo credit: 123RF/jamesteohart
Nedbank has published its latest capital expenditure project listing report, detailing some of the major fixed investment projects planned for South Africa.
The bank’s listing shows that fixed investment activity is starting to show signs of life, following the pandemic-induced implosion and the prolonged slump from 2014.
Notably, a total of R208 billion in new projects were announced in 2021, up from R72 billion over 2020 and R138 billion over 2019.
“The private sector is leading the revival, planning R120 billion of new projects, accounting for 58% of all new projects announced in 2021,” the bank said.
“Capital projects by government and public corporations also picked up, driven the government’s ambitious plans to restore the country’s ageing and eroded economic infrastructure.”
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The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.
