Infrastructure: South Africa sends calling card from Davos to global investors, says Pinsent Masons

24 Jan 2013 | 03:47 pm |

In response to South African President Jacob Zuma's comment on the need to implement much needed infrastructure programmes across the African continent at the World Economic Forum's (WEF's) annual meeting in Davos, Richard Laudy, Global Head of Infrastructure at international law firm, Pinsent Masons, said:

"The need for upgrades to essential infrastructure across the African continent is clear, but the government of South Africa as well as other African states need a coordinated approach to bringing large scale private investment into infrastructure.

"There is an urgent need to implement modern approaches to public and private partnerships that enable private investment in infrastructure that will not only fund new infrastructure but help modernise procurement and improve the certainty of delivery of major infrastructure projects.

"This has already been proven on South Africa's current renewable energy programme which has benefited from private investment and modernised procurement practices."

Richard Laudy and a team of infrastructure experts in procurement, funding and finance and delivery are currently in Johannesburg talking with major infrastructure corporations about the need to modernise procurement to unlock much needed private investment.

Richard said: "South Africa's credit rating has already been downgraded by all three of the major rating agencies, so the prospect of government funding of new infrastructure is now more limited.

"Without this essential modernisation of procurement practices for infrastructure, growth and prospects for Africa will be constrained."

-Ends-

For further information please contact:

Arti Mohan, PR Advisor

Tel: 020 7418 7106

Email: [email protected]

Latest press releases

Show me all press releases

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons hires real estate regulatory and investment partner in Germany

Multinational law firm Pinsent Masons has hired real estate funds regulatory and investment specialist Dorothee Atwell into its Frankfurt office

Advised Diamond Transmission Partners Walney Extension Limited

Multinational law firm Pinsent Masons has advised Diamond Transmission Partners Walney Extension Limited on the £447m acquisition and financing of the transmission assets relating to the 659MW Walney Extension offshore windfarm from Walney Extension Limited.

People who viewed this press release also viewed

Show me all press releases

Multiple wins at China Business Law Awards 2020

International law firm Pinsent Masons has won in three categories and two Belt and Road Deal of the Year awards at China Business Law Journal's annual awards.

Pinsent Masons hires construction partner in Melbourne

International law firm Pinsent Masons has hired Phillipa Beck to expand the firm's Construction Advisory & Disputes team in Australia.

Infrastructure experts launch resource to help joint ventures to deliver global mega projects better

Pinsent Masons launches resource to help the infrastructure sector to better deliver global mega infrastructure projects through Joint Ventures (JVs)

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts