FIDIC's CEO, Dr. Nelson Ogunshakin, spoke at the Cesa Infrastructure Indaba. He said sustainable practices are being integrated into projects globally to achieve net zero by 2050. He highlighted that $139-trillion must be directed towards sustainable infrastructure to bridge the gap and meet net-zero targets. The world is currently underinvesting by $64-trillion, which means a doubling of infrastructure investment is needed between 2030 and 2050. Ogunshakin also pointed out the infrastructure investment gap in Africa, with estimates ranging from $68-billion to $108-billion being needed every year. In response, Cesa CEO Chris Campbell called for more sustainable infrastructure investment in South Africa, as it could be a cornerstone for economic growth and job creation. Only through collaboration between sectors can infrastructure challenges be addressed and sustainable growth fostered, he said. Cesa president David Leukes added that inclusive infrastructure development must create
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