FREIGHT RAIL
Transnet to spend R52bn on rail unit over next five years
By: Terence Creamer
The rail unit within State-owned freight logistics group Transnet will spend R52-billion between 2010/11 and 2014/15 on locomotives, wagons and infrastructure projects, acting CEO Tau Morwe confirmed on Tuesday.
The bigger group was forecasting capital expenditure (capex) of R93,4-billion across its rail, ports and pipelines businesses over the same period Full Article
Published: 16th March 2010, 16:20
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