Transnet’s rail network repair: A 10-year journey ahead with R80bn investment

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 75%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The 10-year timeline to fix the network is less daunting once the project is spliced into more manageable outcomes.

It may cost R80 billion and take 10 years to fix Transnet’s core rail network, comprising about 5 000km out of SA’s total rail network of 21 000km.

“But for that to happen we need to get the policy right. Our rail network has to be managed in the same way that Sanral manages our major roads, with long-term concessions, and the private sector maintaining the roads and charging a toll.”The 10-year timeline to fix the network is less daunting once the project is spliced into more manageable outcomes, starting with the repair of the Durban-Johannesburg line, a project that could be done in two to four years.

“First, we need a proper technical assessment of the network, which National Treasury is currently undertaking. That will give us a better picture of the state of the network, and where we need to prioritise our spending.” The South African Reserve Bank estimates that transporting coal via rail to Richards Bay costs about $11 a ton compared to nearly $70 a ton by truck.

The key rail corridors will be accompanied by multiple ‘nodes’ such as dry port storage and handling, freight villages, fuel terminals and sea and airports.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Hundreds of private security companies set to assist police ahead of electionsOn Sunday, Police Minister Bheki Cele said their general elections security plan identified 500 high-risk voting stations out of the 23,000 nationwide.
La source: ewnupdates - 🏆 30. / 53 Lire la suite »