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South Africa pitches multi-billion-dollar infra pipeline to Gulf investors
['Bhaskar Raj']
Zawya.com - All Regional News
South Africa is courting Gulf sovereign wealth funds (SWFs) and private investors to back a new wave of infrastructure projects, offering clearer regulation, stronger institutions and co-investment with local partners, officials said at the 5th Annual State-Owned Companies (SOC) Summit in Dubai.
He noted that Gulf SWFs and investors have demonstrated they could “move quickly and decisively” on bankable projects.
Transmission expansion has become a central priority as South Africa opens electricity generation to more private players.
“GCC investors with a strong track record in clean energy, green hydrogen and resilient infrastructure will find in South Africa a partner ready to align with your sustainability ambitions while delivering sound, long-term returns,” said Cibi.
Zok also noted that the Bank has facilitated investments by SWFs and other financial sponsors in South Africa.