(AsgiSA) Annual Report 2008 - South African Government Information
(AsgiSA) Annual Report 2008 - South African Government Information
(AsgiSA) Annual Report 2008 - South African Government Information
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Accelerated and Shared Growth Initiative for <strong>South</strong> Africa<br />
ANNUAL REPORT<br />
<strong>2008</strong><br />
NMPP. This false respite should be used to ensure that such projects do not slip from their original timelines<br />
so that economic infrastructure is not a constraint in future periods of rapid growth.<br />
5.3.4 Maximise infrastructure project backward economic linkages and employment potential<br />
In a useful review of infrastructure progress, the DBSA’s Infrastructure Barometer, in applying a<br />
macroeconomic model to infrastructure expenditure, concludes that the quantum of finance applied<br />
to infrastructure does impact on growth but that the way in which the finance is spent can have an<br />
even greater impact on poverty. Consequently, much closer attention should be paid to infrastructure<br />
initiatives that maximise direct and indirect labour-intensive potential. This includes ensuring that<br />
Phase Two of the EPWP is more integrated into infrastructure project practice than in the past across<br />
all spheres of government. Also, efforts around industrial-sector development programmes and those<br />
already underway to encourage greater backward economic linkages associated with infrastructure<br />
projects (such as the Competitive Supplier Development Programme) should be redoubled.<br />
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