The Critical Infrastructure Programme (CIP) is a non-refundable scheme that covers between 10% and 30% of the total development costs of the qualifying infrastructure. The cash grant is made available to the approved beneficiary upon the completion of the infrastructure project. Infrastructure for which funds are required is deemed to be 'critical': if the investment would not take place without the CIP funding contribution; if the infrastructure projects would be executed without the CIP contribution; if it can be proven that it would be of a smaller scale or lower quality; or it would be established at a later stage than the period than when it was intended.
Aims of the CIP
The rationale behind providing such a grant is in the benefits that the country will accrue from the development of critical infrastructure by independent companies. The fund aims to:
- improve the competitiveness of South African industries
- achieve economic growth and create employment
- support the development of industrial activities that have strategic economic advantage for South Africa
- achieve a geographical spread of economic activities within South Africa and prioritise rural and economically depressed areas
Contact details
For further information regarding the CIP or for information on how to apply for the incentive, contact:
CIP Secretariat:
Tel: +27 (0) 12 394 1223 or +27 (0) 12 394 1424
