Gauteng’s multibillion rand infrastructure portfolio pipeline

by Madelein
Gauteng’s multibillion rand infrastructure portfolio pipeline

Gauteng’s multi-billion rand infrastructure project portfolio was revealed on 8 May 2018 by MEC Jacob Mamabolo. The portfolio consists of 340 projects valued at approximately R4.5 billion, with R1.7 billion being allocated for this financial year.

The Department of Infrastructure Development’s (DID) pipeline is described as a multi-billion, multi-year infrastructure project portfolio (MMIPP) that will be implemented over a period of three years. Rapid urbanisation and migration have resulted in the escalation of demand for social infrastructure and the project pipeline will be used to prioritise projects that are ready for implementation.

MEC Mambolo warned that underperformance and poor quality would not be tolerated during the delivery of projects. At the media briefing to unveil the project portfolio, the MEC said the department would be monitoring progress at the various sites of construction via drones.

Another innovative tool that will be used to track pipeline projects is a Project Readiness Matrix (PRM), which the department has designed to assist in the assessment of all critical and stage specific Infrastructure Delivery Management System requirements before projects are considered for inclusion in the pipeline.

Pipeline projects are classified into three categories namely Platinum, Silver and Coal. A total of 63 Platinum projects are planned for delivery during the current 2018/19 financial year and they have a combined value of R459 million. The Silver category includes 188 projects planned for delivery during the 2019/20 financial year (valued at approximately R966 million) and 89 coal projects planned for delivery in the 2021/22 financial year, with an estimated allocation of about R260 million.

“The project pipeline profiles projects according to their various stages of development, enabling the department to prioritise and manage its portfolio with greater efficiency,” said MEC Mamabolo.

Full thanks and acknowledgement is given to www.mainnews.net for the information contained in this article.

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