n Without Prejudice - New regulations to influence Procurement System : company law
|Article Title||New regulations to influence Procurement System : company law|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Affiliations||1 Spoor and Fisher|
|Publication Date||Aug 2011|
|Pages||42 - 43|
The Department of Trade and Industry's Industrial Action Policy Action Plan (IPAP) of 2010/11 - 2012/13 states that public infrastructure investment in excess of R404 billion has been invested from the 2006/7 to 2008/9 period rising to R787 billion for the period 2009/10 to 2011/12. Much of the tradable content of public infrastructure investment as well as large components of public procurement were being imported. Government identified procurement as a factor which will contribute to domestic micro- and macro economic development in line with its policy plan.
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