Africa Business Communities

Development Bank of Southern Africa, South African Forum of Civil Engineering Contractors and Black Business Council Built Environment sign Memoranda of Agreement.

The Development Bank of Southern Africa (DBSA) through its Infrastructure Delivery Division which provides project planning, management and implementation support to government departments and other state institutions in priority sectors including health, education, water and housing signed Memoranda of Agreement with South African Forum of Civil Engineering Contractors (SAFCEC) and Black Business Council Built Environment (BBCBE).

The purpose of these agreements is to create and legitimise the partnerships among the parties. These partnerships are aimed at establishing and formalising a collaborative framework to optimise cost, time, quality and socio-economic outputs of infrastructure delivery programmes in South Africa. Additionally, the parties will leverage on each other’s mandates to enhance efficiency and effectiveness in the delivery of infrastructure projects thereby developing models designed to reduce contractor failures. 
 
Sinazo Sibisi, Group Executive of Infrastructure Delivery at the DBSA said “We want to be a centre of excellence which is not only solution driven but focuses on the delivery of infrastructure in South Africa and the rest of Africa by transforming the built environment sector. We help drive infrastructure solutions within our sphere of operation with a view to addressing institutional failure thereby accelerate socio-economic infrastructure in the public sector.”
 
Speaking on behalf of SAFCEC, CEO Webster Mfebe retorted that “The partnership will play a synergistic and catalytic role in the delivery of infrastructure. Of cardinal importance is to ensure that transformation happens by addressing the plight of marginalised sectors of society such as women and the youth.”
 
 “The agreement will ensure equitable sharing of opportunities through the participation of women in the built environment sector. Furthermore, the collaboration will enable the partners to deliver on the provisions of the agreements”, concluded Paul Kgole, President of BBCBE.
 
The parties share a common interest of ensuring effective delivery of infrastructure in the country, with particular focus on fostering skills development; job creation and contractor development.
 

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