Economics
South Africa Seeks $87 Billion for Decade Long Building Boom
- Futuregrowth says private sector has appetite to invest
- Government constrained in its ability to fund projects itself
Photographer: Waldo Swiegers/Bloomberg
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South Africa’s government told asset managers and banks it needs 1.5 trillion rand ($86 billion) of infrastructure investment over the next decade, the country’s biggest specialist fixed-income fund said.