The participation of the private sector contributes to effective cost containment through the profit motive, improves efficiency and leads to more sustainable jobs through more ambitious skills transfer initiatives. An area, in which the private sector can excel, given appropriate incentives, is that of research and development which could act as a driver of competitiveness and job creation.
A number of large R&D projects have already shown feasibility and have the ability to develop into new industries, creating substantial opportunities for increased employment, foreign revenue income, beneficiation and competitiveness. Many infrastructure investment projects can act as an attractive asset class for private investors, due to the predictable nature of returns, thereby providing a low risk investment profile.