Cape Town - Around R52 billion will be made available in the next three years to roll out various Expanded Public Works projects over the next three years.
Finance Minister Pravin Gordhan, tabling his Budget Speech today, said an additional R2.5 billion will be used to support labour intensive projects in the social, non-governmental and environmental sectors, largely targeted at rural areas.
The second phase of the EPWP aims at creating 4.5 million short-term job opportunities. The programme created 1.6 million short-term jobs during its first phase from 2004 to 2009, exceeding its target of one million. A projected 642 000 job opportunities will be created in 2010/11, rising to 1.2 million in 2012/13.
"Public sector investment is a crucial component of development as it provides the infrastructure through which we transport goods, power the economy and connect households and business to services and markets," said Gordhan.
Over the next three years, the public sector aims to spend R846 billion on its infrastructure programme with a significant portion of the work to be undertaken by state-owned entities.