Engineering News engineeringnews.co.za 14 Jan, 2021 10:15 am

Infrastructure market ‘can only get better’, Siemens South Africa CEO avers

Infrastructure market ‘can only get better’, Siemens South Africa CEO avers
Siemens South Africa CEO Sabine Dall’Omo expresses optimism that the country’s much promised infrastructure-led recovery will finally be implemented from late 2021 onwards, describing preparations for the roll-out as impressive. However, she warns that unless the Covid-19 pandemic is brought under control and the mass vaccination campaign expertly implemented, the year will not be the pivotal one required for placing the economy on a new growth path. Dall’Omo acknowledges that South Africa’s depressed infrastructure market “can only get better”, but says the work already done to prepare projects for implementation, as well as the central role given to infrastructure in the Economic Reconstruction and Recovery Plan should eventually ease pressure on infrastructure-linked enterprises, several of which are either in business rescue or have closed.

Siemens South Africa CEO Sabine Dall’Omo expresses optimism that the country’s much promised infrastructure-led recovery will finally be implemented from late 2021 onwards, describing preparations for the roll-out as impressive.Dall’Omo acknowledges that South Africa’s depressed infrastructure market “can only get better”, but says the work already done to prepare projects for implementation, as well as the central role given to infrastructure in the Economic Reconstruction and Recovery Plan should eventually ease pressure on infrastructure-linked enterprises, several of which are either in business rescue or have closed.A body known as Infrastructure South Africa has also been established as a “single-entry point” for all infrastructure projects and a SIP Steering Committee has been created to clear blockages to funding and implementation.In addition, government should be preparing to procure yet more IPP capacity to both close the gaps that will arise from the decommissioning of South Africa’s older coal stations and accelerate the country’s transition to renewable energy.

” The rise of Covid-19 infections, however, presents a key risk not only for delivering these projects, but also for placing South Africa onto a job-creating growth path.“If South Africa doesn’t get its infections under control and fails to begin immunising its population the economy will not recover as strongly as it needs to this year.

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