The National Development Plan targets infrastructure investment of 30% as a percentage of GDP by 2030.
However, National Treasury estimated that between 2010 and 2020, public‐sector capital investment averaged 5.8% of GDP, while private capital investment averaged 11.2% of GDP. Overall, in 2020, capital investment was around 13.7% of GDP, in large part due to weak growth, rising spending pressures, and of course, state capture and the consequential impact this had on delivery as a whole.
Clearly, the NDP target is not being met, and to reach this target,
