By: Roelof van den Berg - CEO of Gap Infrastructure Corporation (GIC)

09 March 2026: One of the biggest takeaways from this year’s State of the Nation Address (SONA) and the National Budget Speech was the sheer scale of government’s infrastructure commitment – more than R1 trillion in public infrastructure spending over three years. But while this amount is unprecedented, the real story is delivery. SONA set the direction, while the 2026 Budget has outlined real efforts to build the project pipelines, regulatory guidelines, and partnerships needed to move from allocation to implementation.

Infrastructure has long been recognised as the bedrock of economic growth. Efficient transport networks connect people to opportunity. Reliable energy supports industrial expansion. Secure water systems sustain communities and agriculture. Digital infrastructure enables innovation and global integration. Infrastructure ultimately determines whether businesses can expand, whether communities receive basic services, and whether the local economy can compete globally.

With this in mind, the size of the allocation signalled clear intent from government to place growth at the centre of its agenda. But the Budget’s emphasis on stabilising public finances and tightening control over how infrastructure spending is managed has sent an equally clear message about renewed focus on credibility.

Large, long-term infrastructure programmes depend on consistency. Investors and contractors need to know that projects are properly prepared, and that procurement is being managed and overseen in a way that reduces uncertainty over time. That certainty is what ultimately unlocks sustained private participation and ensures that commitments translate into construction.

Execution will determine success

The real test now will lie in execution. Announcements are the easy part. The harder work lies in getting projects ready for market and seeing them through to completion. To maximise government’s return on investment for the R1 trillion being spent, the emphasis now must be on preparation and sustained follow-through.

Encouragingly, the Budget reinforces reforms aimed at strengthening public–private partnerships (PPPs) and improving project readiness. By modernising the PPP framework, government has recognised that private sector expertise and operational discipline can play a meaningful role in fast-tracking infrastructure delivery. Plus, a growing PPP pipeline, clearer regulatory frameworks, and improved coordination processes all point to a more methodical approach to delivery.

In capital-intensive sectors such as transmission infrastructure, bulk water systems, freight logistics, and digital networks, effective partnerships can significantly accelerate implementation while maintaining high performance standards and shared accountability.

Critically, the Budget’s emphasis on stronger oversight and improved financial management further recognises that infrastructure delivery is about both new builds as well as maintaining and upgrading existing assets so that they continue to serve communities effectively.

In many cases, restoring existing infrastructure to full working order delivers faster and more cost-effective gains than building from scratch. Repairing or replacing water pipes, fixing pump stations, upgrading substations, improving roads, or clearing maintenance backlogs may not be headline-making projects, but they can unlock exponential capacity that already exists, often at a fraction of the cost and time required for new projects.

In that sense, maintenance and refurbishment are the quickest way to demonstrate visible progress.

Sustaining delivery at scale

Ultimately, if South Africa can combine large-scale capital investment with consistent delivery, the impact will extend well beyond construction sites. Reliable infrastructure lowers the cost of doing business, restores investor confidence, and improves quality of daily life in measurable ways.

As such, the Budget’s effort to embed delivery capability into the system itself has the potential to transform communities, lending new impetus to service delivery and socio-economic development.

The coming years will show whether projects move steadily from feasibility to financial close and through to completion – and whether existing assets are protected with the same seriousness as new investments.

If that consistency holds, the R1 trillion commitment will not simply fund infrastructure, but fuel the next wave of growth for all South Africans.