The government is seeking international funding for its multi-billion rand water sector building plans, Deputy Water Affairs Minister Rejoice Mabudafhasi said on Tuesday.
“We’ve got countries coming forward and offering us technology. They’re saying they’d like to partner with us,” she said after opening a joint South Africa-Lesotho display at the World Water Forum (WWF) in Marseille.
Asked if South Africa was hoping to attract foreign capital for its plan to spend more than R60 billion on water infrastructure over the next three years, she said: “Yes, that is why we have this stand. We need funding for infrastructure.”
Mabudafhasi declined to reveal any details, or to say whether a big deal was imminent. “We are still talking,” she said.
The display-stand at the WWF includes a backdrop photograph of the giant Khatse Dam in Lesotho, the main reservoir for the Lesotho Highlands Water Project (LHWP).
The project, one of the biggest of its kind in the world, supplies water from Lesotho to South Africa’s industrial heartland, Gauteng.
Phase two of the project, which includes the building of a second big dam in Lesotho, as well as the boring of a 38km-long tunnel, is set to start supplying water in July 2020. It will cost an estimated R15.4bn. Continue reading