Companies within the portfolio of the Department of Public Enterprises will invest R105 billion in infrastructure this financial year, according to Public Enterprise Minister Malusi Gigaba, who was delivering his department's budget vote speech to Parliament on Wednesday.

According to Gigaba, national electricity supply company Eskom would be investing more than R76 billion, Transnet would invest R25.8 billion, of which R15.1 billion would be spent on rail infrastructure and Broadband Infraco, government's long-distance broadband infrastructure supplier, would spend more than R500 million.

"With the expansion of operations associated with this investment, the state-owned enterprises will target growth in their direct operations of at least 13,000 new jobs; and expect to help the growth in their South African supply chains by a further 40,414 jobs," Gigaba said.