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REVIEW : South Africa needs transport infrastructure investment for long-term economic recovery

To ensure a vibrant post-pandemic economic recovery in South Africa, investing in transport infrastructure is crucial. According to Dr Alexander Samuels of the North-West University's Faculty of Economic and Management Sciences, modernising highways, ports, railways, and airports will enhance supply chain efficiency. This will not only attract foreign investment and stimulate job creation, but it will also position the country more competitively in global markets. Furthermore, expanding transport networks will strengthen South Africa's regional economic ties, boosting trade and economic diversification, ultimately building a more resilient future.

Dr Alexander Samuels believes that through strategic transport infrastructure investments, South Africa can unlock its full economic potential. By optimising supply chains, generating employment opportunities, integrating with regional and international markets, and embracing sustainable development practices, the country can recover from the economic downturn and establish itself as a competitive force on the global stage. To maximise these investments' impact and sustainability, aligning them with broader economic, social, and environmental goals is crucial. This approach will help South Africa move towards a future of prosperity and economic resilience.


3 KEY REASONS FOR SOUTH AFRICA'S INVESTMENT IN TRANSPORT INFRASTRUCTURE




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