
DHET INFRASTRUCTURE FUNDS |
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Infrastructure for education is a challenge to industry and society. Government policies, in particular the National Plan for Higher Education, expect the higher education system to deliver increased numbers of high level, high quality skills, research and innovation for the social and economic development of our country. Inadequate infrastructure is a recognised constraint to this goal and has defined government’s commitment to co-fund critical development projects. In 2007, Government launched a programme of Infrastructure and Efficiency Funding, a partnering approach with institutions of higher learning. Through this programme government is injecting significant funding with the intention to stimulate the further contribution of industry and the private sector. The Department of Higher Education and Training (DHET) allocates this funding through Government’s Medium Term Expenditure Framework (MTEF) to projects approved against a set of criteria. Wits allocation for 2007 – 2009
Wits University acknowledges with gratitude those sectors of the economy that have contributed to these projects.
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Wits allocation for 2010/11 and 2011/12 From this total budget, Wits University has received an allocation of R268.7 million towards approved projects totalling over R900m in the designated priority areas. With a R430m loan from RMB for the Wits Junction Residence Project, Wits is challenged to meet a fundraising target of over R200m for approved projects in the designated categories. These projects are set out below.
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