Critical Infrastructure Programme by EDC
The Critical Infrastructure Programme is a cost-sharing grant, supporting the construction of infrastructure projects. The grant provides for an incentive of 10% to 30% of the infrastructure project cost, limited to a maximum benefit of R30 million. Qualifying projects are ultimately required to be a level 4 BB-BEE contributor.
Qualifying infrastructure projects need to demonstrate that they ultimately facilitate increased trade. Examples of qualifying projects include:
- Industrial parks
- Renewable energy and associated generation
- Purification sewers and
- Telephone lines.
Application for the CIP should be made prior to the infrastructure construction commencing.