The National Treasury said, “Infrastructure investment has strong direct and indirect effects on growth, boosting demand for inputs and workers in the short term and expanding the economy’s capacity to produce over the longer term.

“Reforms are under way to mobilise private-sector finance and technical expertise at scale… These actions will address the persistent underspending on infrastructure budgets and enhance value for money.”

By March 2026, the Infrastructure Finance and Implementation Support Agency is expected to be operational.

Darul Ihsan Media Desk