R270M Development Investment For Phalaborwa
PHALABORWA- The Development Bank of South Africa (DBSA) signed a R270m deal this week with the Ba-Phalaborwa municipality in Limpopo to facilitate development in the area.
"This programme includes various projects to provide communities with basic services such as water, sanitation and electricity; improve road and rail infrastructure; upgrade sports and community facilities, and enhance economic opportunities," said DBSA manager for strategic initiatives Gwede Mantashe.
"The bank, together with other stakeholders such as government departments, will make available over the amount of R270m to fund the Sustainable Communities Programme in the region."
The deal was signed yesterday.
"This programme includes various projects to provide communities with basic services such as water, sanitation and electricity; improve road and rail infrastructure; upgrade sports and community facilities, and enhance economic opportunities," said DBSA manager for strategic initiatives Gwede Mantashe.
"The bank, together with other stakeholders such as government departments, will make available over the amount of R270m to fund the Sustainable Communities Programme in the region."
The deal was signed yesterday.
Labels: development, Phalaborwa
posted by Kruger2Canyons.com at
Saturday, July 22, 2006
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