The Public-Capital Multiplier

C02

The manuscript's portfolio conclusion is a gross mobilisation range of roughly 1.5 to 2.5 times, judged by net additional operating investment, development value and risk-adjusted public cost.

GSX:SRD-004:C02 · Modelled · Conditional · moderate sensitivity · Version 1.0

Depends on

A02Mixed portfolioThe central portfolio spreads that capital across infrastructure, concessional debt, minority equity, first-loss capital, a guarantee reserve, project preparation, skills and supplier funds.high sensitivity

A03Gross is not additionalCapital that would have been invested anyway, or that is delayed, unallocated or failed, is removed before the operating multiple is stated.high sensitivity

Modelled results cited

R02Central portfolio after deductionsAfter non-additional, delayed, unallocated and failed capital, R383 billion remains operating, 1.70 times the public envelope.modelled

Registered supporting sources

The Public-Capital Multiplier · GSX:SRD-004:PDF