Public Investment Corporation (PIC) - Isibaya Fund Economic Infrastructure

The purpose of the Isibaya Economic Infrastructure Fund is to invest in large-scale and long-term infrastructure projects that achieve good capital returns, while also acting as a catalyst to unlock economic potential and to attract foreign direct investment. The funding must be utilised for construction, improvement and/or the replacement of infrastructural frameworks.

The funding starts at R50m and can be provided as equity, mezzanine finance, debt, or a hybrid thereof. The funding terms will usually be seven years or longer, however, shorter periods may be considered where there is a high developmental impact and/or financial returns.

The PIC through the Isibaya Fund will fund the following sectors:

• Energy infrastructure.
• Commuter transport.
• ICT and broadband infrastructure.
• Water infrastructure.
• Liquid fuels.
• Logistics network.

Eligibility criteria

• Your business must have a minimum of BBBEE level 3.
  
• You have sufficient security which may include company or project assets and/or security by sponsors and project.
  
• Your business’ cash flow is robust. 
  
• Investment in your business will yield significant developmental impact.
  

Application process

To apply for funding you are required to register online.