The South African National Roads Agency (Sanral) will in the next six months issue tenders worth about R28bn aimed at stimulating economic growth across all provinces.
The agency, which is responsible for the construction and maintenance of the national road network, said the tender rollout, that will see 30% of the tenders allocated to smaller black-owned companies to deepen transformation, is part of promoting infrastructure, development and creating opportunities across the country.
About 70 tenders are to be put out in the next few week.
“Through these contracts, Sanral aims to ensure small businesses graduate to become major construction companies,” the agency said.
“There is quite a lot of work we want to dish out. By March, we want to have about R28bn worth of tenders in the market. However, some will be closed towards April when we enter the new financial year,” Sanral CEO Reginald Demana said.
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