CAPE TOWN - The total capital expenditure (capex) by public-sector institutions increased by R18.4billion from R265.2bn in 2015 to R283.6bn last year.
This was according to the Capital Expenditure by the Public Sector 2016 report released by Statistics SA yesterday.
The largest share of the R284bn in capex expended by public sector institutions was spent by public corporations, which was R138bn (49 percent). This was followed by municipalities with R66bn (23percent), provincial governments with R36bn (13 percent), national government with R18bn (7 percent), and extra-budgetary accounts with R17bn (6percent).
Higher education institutions had the smallest share of the total capex by public institutions at R7bn (2 percent).
The report shows that between the 2015 and 2016 financial years, there were increases in capex on new construction works of R20.5bn - from R174.4bn in 2015 to R194.9bn last year. Expenditure on land and existing buildings increased by R2.9bn from R14.3bn in 2015 to R17.2bn last year.
Increases were also recorded for capex on transport equipment - from R6.4bn in 2015 to R8.6bn last year. Other fixed assets increased from R6bn in 2015 to R7.5bn last year.
Decreases were recorded on plant, machinery and equipment from R62.1bn in 2015 to R53.9bn last year and leased assets and investment property from R1.9bn in 2015 to R1.6bn last year.