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Ramaphosa expresses confidence in economy during N2 Wild Coast, Msikaba Bridge oversight visit

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The Presidency has issued Ramaphosa’s remarks following his oversight visit to the N2 Wild Coast and Msikaba Bridge, whereby he expressed confidence in the economy through it.

On Thursday, 23 September 2021, the Presidency issued President Cyril Ramaphosa’s remarks at the N2 Wild Coast and Msikaba Bridge oversight visit in Lusikisiki, Eastern Cape. Ramaphosa, in his address, expressed that the operation was truly extraordinary as nothing gave him greater confidence in the economy like massive infrastructure projects.

He highlighted that these were signs of a government at work and an economy on the rise, and informed that the construction of the two mega bridges at Msikaba would be completed by the end of 2023. The bridges are part of the N2 Wild Coast Road Project connecting the Western Cape, Eastern Cape, KwaZulu-Natal and Mpumalanga provinces. President Ramaphosa further reiterated that when the government had announced the Economic Reconstruction and Recovery Plan (ERAP), it assured that it would be prioritizing spending on infrastructure in order to support economic growth and job creation.

See the post below.

What environmental aspect has Ramaphosa highlighted in the Wild Coast project?

This project will pay attention to the environmental impact. The N2 Wild Coast Region Biodiversity Offset Programme will result in Silaka and Mkhambathi Nature Reserves being expanded leading to the creation of new protected areas in Pondoland Centre of Floral Endemism.

What are the socio-economic and enterprise development benefits of the project?

Approximately R4 billion will be spent on targeted enterprises during the construction period, ensuring that investment will be ploughed back into communities. It is reported that R120 million has already gone to local small, medium and micro enterprises (SMME) for upgrading and linking roads, with more projects anticipated.

What are the job creation benefits of the Wild Coast project?

The project is expected to benefit job creation as it will lead to the creation of 8 000 direct full-time jobs and between 21 000 and 28 000 indirect jobs during the construction phase, a R750 million wage bill.

Mahlohonolo Lakaje
[email protected]

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