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R15 billion to be made available for 2010 World Cup

Nearly R15 billion of the proposed R80 billion increase in South African government spending over the next three years will go to 2010 World Cup Major Capital Projects, Finance Minister Trevor Manuel said in his Medium Term Budget speech to Parliament in October.

According to the Treasury's Medium Term Budget Policy Statement, the balance of R65 billion in proposed additional government spending is targeted mainly at improvements in the criminal justice system, continuing large-scale investments in the built environment and more investment in human development; all of which will also benefit South Africa ahead of the 2010 World Cup.

This is great news for South Africa and the money will go a long way to developing the roads and transport systems that are going to be vital in pulling off the best World Cup yet.

Government spokesperson Themba Maseko said South Africa would never be the same again after 2010.

"We will have better roads, better sports fields, better public transport, better security for all citizens, better soccer players, and most importantly a proud united South Africa," he said.

R5.6 billion will go to the building of five new stadiums, R1.95 billion to the upgrading of five existing stadiums, R586 million for the provision of services to these stadiums and R5.5 billion for supporting infrastructure, including transport and communication.


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