Question NW841 to the Minister of Trade, Industry and Competition
29 April 2024 - NW841
Bergman, Mr D to ask the Minister of Trade, Industry and Competition
(1)What is the total capital expenditure allocated for the 2025 medium-term budget for the SA Bureau of Standards; (2) whether the specified amount will cover the facilities and laboratory expansion project; if not, how will the specified project be funded; if so, what are the relevant details? NW1021E
Reply:
The South African Bureau of Standards advises that a capital expansion plan of R376.0 million has been budgeted for in the Corporate Plan for FY 2024/25 to 2026/27.
The R376.0 million capital budget is focused mainly on three (3) areas, namely Laboratory Services, Facilities, and Information & Communication Technology. The capital budget will be funded through a combination of grant funding from the fiscus and own funds.
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