68th session of the UN General Assembly- Public Investment Corporation Commitment

Date of commitment: 
September 2013
Recipient: 

Commitment

Public Investment Corporation (South Africa) committed approximately $1.8 billion over a period of five years to investments in large-scale long-term infrastructure projects in South Africa and the Southern African Development Community. These projects will reduce environmental impact and contribute to the growth of the SADC economy through job creation, skills transfer, poverty alleviation and rural development. PIC also committed $500 million to the rest of Africa over a period of five years

Target

Progress

Gap

Additionality