oa Civil Engineering = Siviele Ingenieurswese - Consider foreign investment carefully
|Article Title||Consider foreign investment carefully|
|© Publisher:||South African Institution Of Civil Engineering (SAICE)|
|Journal||Civil Engineering = Siviele Ingenieurswese|
|Affiliations||1 Political studies, University of Cape Town, Cape Town|
|Publication Date||Feb 1963|
|Keyword(s)||Economic welfare and Foreign investment|
No-one concerned with South Africa's future economic welfare can question the desirability of genuine foreign investment. We need access to foreign savings to fund enterprises that will be profitable to both borrower and lender alike. Such investment should, however, be distinguished from foreign aid for RDP purposes on the one hand and soft loans from foreign countries whose own interests may conflict with ours on the other. Government decisions on the funding of large projects like the Maputo Corridor should be informed by these distinctions.
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