The role of the bank is to enable investment in infrastructure projects that are traditionally not possible for the private sector or for the public sector. With regard to whether we take an equity stake in it or whether we provide loan guarantees, extensive analysis will be done done prior to the approval of the projects. This will also be done by the other stakeholders and partners because the majority of the infrastructure that we fund is either owned by the municipalities or the provinces.
There are three levels of due diligence done on a project. It is done not only by us, but also by the municipality and by the province.