The IIO has two main aims:
The first is to improve the quality and rate of infrastructure investment by strengthening project preparation and governance so that there is a visible pipeline of projects.
The second is to close the viability gap and provide blended finance for projects that have social and economic elements and/or to address market failures. This will ensure that Government strategically uses the limited fiscal resources to mobilise financing from the private sector, development finance institutions and multilateral development banks.
Sectors identified in accordance with the National Development Plan (NDP) include:
- Network industries or economic infrastructure, which are enablers for other sectors in the economy
- Digital Infrastructure
- Water and Sanitation
- Agriculture and Agri-processing
- Human Settlement Infrastructure sectors, due to their job absorption capacity and addressing spatial inclusivity