Houses for growth

Vincent Hailulu, CEO of the National Housing Enterprise (NHE) says infrastructure development is a key cornerstone for economic growth.
Hailulu told the Economist at the sidelines of the World Economic Forum on Africa that ended recently in Cape Town, that the highlight was the acknowledgement and emphasis by the forum on the key issue of infrastructure development.
He said the forum gave participants a clear perspective in terms of the way Africa is moving forward in advancing economic development and the growth agenda.
“Infrastructure development is the main driver of Africa’s economic growth and development. Sectors that are critical and therefore requires massive investment in order to propel Africa’s economic growth are the energy sector, the mining sector, and surely water and other economic sectors not forgetting the social infrastructure which entails housing, education and health,” Hailulu said.