http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.94Change: -0.01
R/$ = 12.71Change: -0.05
Au 1092.76 $/ozChange: -2.42
Pt 977.00 $/ozChange: -5.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Mar 17, 2009

Gautrain project to create 148 000 jobs in next 20 years

Back
Construction|Africa|Building|Design|Gautrain|Gautrain Rapid Rail|PROJECT|rail|transport|Africa|Gautrain|Equipment|Maintenance|Gautrain|Gautrain
Construction|Africa|Building|Design|Gautrain|Gautrain Rapid Rail|PROJECT|rail|transport|Africa|Gautrain|Equipment|Maintenance|Gautrain|Gautrain
construction|africa-company|building|design|gautrain-company|gautrain-rapid-rail|project|rail|transport|africa|gautrain-facility|equipment|maintenance|gautrain-organization|gautrain
© Reuse this



South Africa’s R25-billion Gautrain rapid-rail link project is expected to create about 148 000 direct, indirect and induced jobs in the next twenty years.

Of this, a total of 93 000 direct, indirect and induced employment will be created during the design, construction and commissioning phases of the project, and yearly about 2700 direct, indirect and induced jobs will be created during the maintenance and operation of the project.

This was indicated at the launch of the Gautrain broad-based socio-economic development (SED) strategy, in Johannesburg, on Tuesday.

The SED focuses on local skills development, capacity building and job creation. It is based on the broad-based SED objectives of government, with core elements of the strategy developed before the signing of the concession agreement with the Bombela Concession Company.

The Bombela Concession Company is the project’s private partner and has a 20-year concession agreement with the Gauteng Provincial Government (GPG) for Gautrain’s 54-month construction period and 15-year operating and maintenance phase.

To date, 11 700 direct jobs have been created, as well as 63 200 direct, indirect and induced jobs, while R36-million has been spent on human resource development.

MEC for local government Qedani Mahlangu said that the Gautrain project had presented the province with an opportunity to empower people and expand the economic activity of the province.

In light of this, she added that the project was not an impediment to international investors, but proved that such investors could comply with South African law, in terms of developing and maximising local skills.

“The countless opportunities created by the GPG through the Gautrain’s investment in the welfare of its people are even more significant given the current economic downturn.”

About R1210-million has been invested in the use of South Africa materials and plant and equipment, compared with a R980-million target, and 11 540 locals have been employed.

Mahlangu praised the efforts of the Bombela consortium for having made extensive efforts to ensure that it substantially exceeded its SED obligations in each quarter.

To date, Bomebela has procured about R1,89-billion for black economic empowerment (BEE), with about 260 BEE companies having benefited from the project to date. An amount of R780-million was subcontracted to new BEE companies, and about R590-million was subcontracted to small, medium-sized and microenterprises.

About 10 400 courses have been attended by unskilled and semi-skilled employees, and 1250 by management.

“Gautrain has always maintained that it is more than just a transport project. It is evident that Bombela has committed and embraced the SED objectives of the GPG. This is a clear indication of our commitment to grow the province’s economy by 8% in 2014,” said Mahlangu.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Transport & Logistics News
Updated 13 minutes ago Barnacles encrusted on a piece of plane debris that washed up on the French island of Reunion might help unravel the mystery of missing Malaysia Airlines flight MH370 that disappeared last year with 239 passengers and crew on board. Malaysia said on Sunday the piece...
Transport Minister Dipuo Peters
Updated 3 hours ago Transport Minister Dipuo Peters has asked the auditor general’s (AG) office to conduct a forensic investigation into allegations of financial mismanagement at the Passenger Rail Agency of South Africa (PRASA). Peters has commissioned the AG’s office – a Chapter Nine...
Plane debris washed up on the French island of Reunion in the Indian Ocean is almost certainly part of a Boeing 777, a Malaysian official and aviation experts said, potentially the biggest breakthrough in the search for missing Flight MH370. Malaysian investigators...
More
 
 
Latest News
Updated 12 minutes ago Barnacles encrusted on a piece of plane debris that washed up on the French island of Reunion might help unravel the mystery of missing Malaysia Airlines flight MH370 that disappeared last year with 239 passengers and crew on board. Malaysia said on Sunday the piece...
Updated 44 minutes ago China failed to comply with a World Trade Organization ruling that found its tariffs on a type of speciality steel products breached global trade rules, a WTO panel said in a ruling on Friday. The ruling noted, however, that China had stopped applying the tariffs in...
Trade and Industry Minister Rob Davies
Updated 50 minutes ago South Africa should raise the economic growth rate and promote inclusive growth to win the fight against poverty, inequality and unemployment, Trade and Industry Minister Rob Davies said. “For us as a country, industrialisation is fundamental and we need to move-up...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
Daimler truck test engineer Dirk Stranz pushes one button, and then retracts his hands from the steering wheel of the Mercedes-Benz Future Truck 2025. “And now the truck is driving itself.”
The statutory body responsible for skills development and support in the banking sector, BANKSETA, was investing R68-million in the capacity building project of the University of Venda (UniVen), announced Bankseta company secretary Caroline King at a media event in...
LIONEL MOYAL Cloud services providers must compete against other cloud services providers for business by providing up-to-date systems and services
Legacy information technology (IT) systems are becoming increasingly obsolete because of the maturity, efficiencies and cost effectiveness of cloud-based IT services, says information and communication technology major T-Systems subsidiary Intervate head Lionel...
ARMANDÉ KRUGER Balancing the collection and processing of data must be aligned to strategy
Many complementary services enable companies to derive broad value from data inside and outside them. The complexity of data management means that companies’ strategies determine the various data systems and functions they will use, says PBT Group regional sales...
The South African Civil Aviation Authority (SACAA) has announced that it had awarded the country’s first remotely piloted aircraft systems (RPAS) pilot’s licence. It was issued on Friday, July 10, to SACAA employee and qualified commercial pilot Nicole Swart,...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96