Infrastructure
How many houses have been built in the province through public–private partner-ships in the (i) 2024/25 and (ii) 2025/26 financial year, (b) what was the total amount of investment made by the (i) provincial government and (ii) private partners in these projects during each year in (a) above and (c)(i) what are the reported returns on these investments for each year in (a) above and (ii) how are these returns measured?
(a) – (c) The legal definition of a public-private partnership is contained in Treasury Regulation 16 to the PFMA. It reads as follows:
“public private partnership” or “PPP” means a commercial transaction between an institution and a private party in terms of which the private party.
(a) performs an institutional function on behalf of the institution; and/or
(b) acquires the use of state property for its own commercial purposes; and
(c) assumes substantial financial, technical and operational risks in connection with the performance of the institutional function and/or use of state property; and
(d) receives a benefit for performing the institutional function or from utilising the state property, either by way of:
(i) consideration to be paid by the institution which derives from a revenue fund or, where the institution is a national government business enterprise or a provincial government business enterprise, from the revenues of such institution; or
(ii) charges or fees to be collected by the private party from users or customers of a service provided to them; or
(iii) a combination of such consideration and such charges or fees;”
No houses were built in the Province using this mechanism during the 2024/25 and 2025/26 financial years.
