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Briefing to Select Committee on Finance: 26 February 2007 Presented by Li Pernegger (Chief Director: NDP Unit)

Briefing to Select Committee on Finance: 26 February 2007 Presented by Li Pernegger (Chief Director: NDP Unit). Contents. Background NDPG structure NDPG projects Way Forward. NDPG Objectives.

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Briefing to Select Committee on Finance: 26 February 2007 Presented by Li Pernegger (Chief Director: NDP Unit)

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  1. Briefing to Select Committee on Finance: 26 February 2007 Presented by Li Pernegger (Chief Director: NDP Unit)

  2. Contents • Background • NDPG structure • NDPG projects • Way Forward

  3. NDPG Objectives “To provide municipalities with assistance to develop appropriate project proposals for property developments in townships & new residential neighbourhoods that include the construction or upgrading of community facilities, & where appropriate, attract private sector funding & input” (DoRA, 2006)

  4. Problem Statement • Marginal & undiversified township economies • Persistence of spatial & economic apartheid • Low levels of retained buying power • Dimensions • Unemployment • Underperforming residential properties • Low household incomes • Low private sector investment • Yet 60%+ of SA’s population live in these areas • NDPG as catalyst to do things differently

  5. NDPG Framework • Vision Improved quality of life of township residents through the creation of economically viable & sustainable nodes • Mission Directing public investment to promote selected township nodal projects with private sector investment leverage potential

  6. Economic Social Financial NDPG Principles

  7. Strategic Objectives • To attract private sector investment • To consolidate and co-ordinate quality public sector spending • To provide institutional & development capacity • To direct capital investment into projects • To promote knowledge, best practice, innovation & advocacy

  8. Support & Develop Local Economies Regional or rural catchment area Township or metropolitan catchment area Neighbourhood catchment area Node

  9. Nodes as Structuring Elements Nodes Movement System Open Space Corridor Hierarchy of nodes Variety of nodes & sizes Links to the movement hierarchy Nodes at places of best access Especially around intense development & high density residential areas Preferably connected to one another Wide strip of land containing mixed uses, nodes & transport routes

  10. Funding components

  11. Demand for NDPG Outstrips Supply • Demand for NDPG in 19,920 of 21,220 SA neighbourhoods

  12. NDPG Project Portfolio To Date • R9.2bn total investment in 35 projects over next decade • Challenges • Increase private sector component • Ring-fence other government expenditure • Capacity & co-ordination

  13. NDPG per Province

  14. NDPG per Municipality

  15. Rural & Urban Projects

  16. NDPG Projects

  17. Way Forward • Round 1 • Funding agreements underway • R50m TA funds disbursement on track • Round 2 • +140 applications received 16 February 2007 • Improved quality of bids • Capital investment flow small for initial years • Focus on project preparation & packaging • Direct public investment • Leverage investment opportunities in economically viable & sustainable township nodes • Improving township residents’ quality of life

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