R753m earmarked for Cape rail links

Posted On Monday, 26 October 2009 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Transnet will spend R753m on railways in the Eastern Cape over the next five years.

Barbara HoganTransnet will spend R753-million on railways in the Eastern Cape over the next five years, Public Enterprises Minister Barbara Hogan has told the National Council of Provinces.

Replying to a question from Hermanus Groenewald (DA), she said R444-million would be spent on the rail links between Gauteng and Port Elizabeth and East London, and R309-million on the line between Coega and Sishen in the Northern Cape.

The “revitalisation” of railways remained a priority and a shift from road to rail required capital investments and an improvement in performance.

Initiatives to facilitate the shift over the next five years included:



 

Last modified on Thursday, 31 October 2013 10:32

Please publish modules in offcanvas position.